How China s homegrown coffee chains are pulling Starbucks into a price war insideretail.asia - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideretail.asia Daily Mail and Mail on Sunday newspapers.
Starbucks on Tuesday reported record revenue in its fiscal first quarter but lowered its sales outlook for the rest of the year as spending weakens in China and other markets.
Starbucks reports record Q1 revenue but lowers outlook inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Analysts assess Starbucks ahead of Q1 earnings. Mixed sentiments due to inflation, US consumer concerns, and China uncertainty. Neutral rating, $100 PT.
Economic Watch: Chinese market remains sweet spot in foreign firms global financial performance-Xinhua english.news.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.news.cn Daily Mail and Mail on Sunday newspapers.