China’s coffee market is experiencing rapid growth and is likely the world’s largest. In 2023, Luckin Coffee doubled its store count, solidifying its market-leading position ahead of Starbucks and Cotti Coffee. With a gross margin of 55%, Luckin has remained profitable despite high SG&A costs associated with its rapid expansion. Even with a China discount,Continue reading “Luckin Coffee Leads China’s Booming Market: A Speculative BUY Opportunity”
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Starbucks Corporation Faces Challenges Amid Slowing Chinese Economy
Starbucks Corporation (SBUX) finds itself in a period of stagnation, with its shares failing to participate in the broader market’s recent rebound. The company’s challenges are primarily attributed to the slowing Chinese economy, which has long been a focal point due to Starbucks’ significant expansion in the region. Despite these headwinds, analysts express confidence inContinue reading “Starbucks Corporation Faces Challenges Amid Slowing Chinese Economy”
