Luckin Coffee's Resurgence Challenges Starbucks' Dominance In China [Forbes]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
Company Research
Source: Forbes
and profit attributable to shareholders of $909.3 million for its fiscal fourth quarter ending September 2024. In the entire fiscal year 2024, in the Chinese market, Starbucks China adds 790 stores, another record high. (Photo by Costfoto/NurPhoto via Getty Images) NurPhoto via Getty Images [Note: Starbucks' fiscal year 2024 ended October 2, 2024] Luckin Coffee, China's coffee chain, has reported impressive sales figures, outpacing its major competitor Starbucks (NASDAQ: SBUX) in the Chinese market. This achievement marks a significant turnaround for Luckin Coffee, which has worked diligently to rebuild its business since addressing fraud concerns and delisting from the Nasdaq in 2020. By offering affordable coffee and leveraging mobile ordering technology, Luckin Coffee is competing for a larger market share in China, Starbucks' second-largest market after the U.S. In this note, we compare the performance metrics and approaches of both companies. Stores Comparison Starbucks
Show less
Read more
Impact Snapshot
Event Time:
SBUX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBUX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBUX alerts
High impacting Starbucks Corporation news events
Weekly update
A roundup of the hottest topics
SBUX
News
- Full-Shopping Boycotts Sweep Europe Over High Prices—Now, One US Community Is Following Suit But For A Different Cause [Yahoo! Finance]Yahoo! Finance
- Succession at Bain & Company [Yahoo! Finance]Yahoo! Finance
- Starbucks sued by Missouri AG for alleged discriminatory practices [Yahoo! Finance]Yahoo! Finance
- Specialty Coffee Shops Market to Grow by USD 50.8 Billion from 2025 to 2029, Driven by Rising Coffee Consumption, Report with Market Evolution Powered by AI - Technavio [Yahoo! Finance]Yahoo! Finance
- Top 16 Ways To Make Money Online in 2025 [Yahoo! Finance]Yahoo! Finance
SBUX
Earnings
- 1/28/25 - Beat
SBUX
Sec Filings
- 2/14/25 - Form DEFA14A
- 2/14/25 - Form PX14A6G
- 1/28/25 - Form 10-Q
- SBUX's page on the SEC website