coffee

Starbucks Corporation (NASDAQ: SBUX) shares bounced back on Monday after the stock received a Wall Street upgrade by an analyst who believes the stock’s post-earnings sell-off is overdone. The Analyst: Stephens analyst James Rutherford upgraded Starbucks from Equal Weight to Overweight...

Dutch Bros Inc’s (NYSE: BROS) revenue growth is likely to outpace that of other “high-growth consumer companies,” as is its EBITDA growth, according to BofA Securities. The Dutch Bros Analyst: Sara Senatore reiterated a Buy rating for Dutch Bros, while raising the price target...

A SPAC focused on the consumer sector has announced the acquisition of a leading restaurant company in China.  The SPAC Deal: Tim Hortons International Limited, also known as Tims China, announced a SPAC deal with Silver Crest Acquisition Corporation (NASDAQ: SLCR). The deal values the...

Louisville, Kentucky-based Dogebeans owner Andrew Lutes was all praises for Dogecoin (CRYPTO: DOGE) and the community built around the Shiba Inu-themed cryptocurrency. Benzinga talked with Lutes about cryptocurrency, the coffee business, and his future plans on opening a DOGE-themed establishment....

On Tuesday, Starbucks (NASDAQ: SBUX) reported better-than-expected results for its fiscal third quarter, topping Wall Street's estimates for both earnings and revenue. The powerful momentum empowered the multinational coffeehouse to raise its forecast for fiscal 2021 earnings per share, despite...

Following Starbucks Corp’s (NASDAQ: SBUX) third-quarter earnings beat on Tuesday, July 27, analysts at Morgan Stanley and Cowen provided their key takeaways and future outlook. Starbucks Q3 Earnings Recap EPS came in at $1.01, beating consensus estimates of 77 cents by 31%. Revenue...

The so-called "reopening boom" is benefiting Starbucks (NASDAQ: SBUX) along with others from the consumer niche that were hit hard during strict social-distancing limitations over the past year. The company's coffeehouse business is already nearly fully recovered from COVID-19 as it...

The average coffee cup price is up 17% from 2016, at $4.50, according to The Wall Street Journal. Coffee prices are lower than they should be, in the view of experts who anticipate prices will rise in the next six to nine months. Why Coffee Prices Are Heading Higher Two factors are...

Luckin Coffee Inc. (Pink: LKNCY) shares, which are traded over the counter following the financial improprieties that forced a bankruptcy filing, saw some upward bounce Thursday before pulling back.  What Happened: Luckin said it has entered into an investment agreement with Centurium...

On CNBC's "Power Lunch," Federated Hermes equity strategist Steve Chivarone and Miller Tabak equity strategist Matt Maley discussed their views on economic reopening.  Chivarone said he expects consumers to shift spending from home goods to experiences including...

Coffee chain Starbucks Corporation (NASDAQ: SBUX) guided for 2021 EPS to be in a range of $2.70 to $2.90, but the company should outperform expectations, according to Wedbush. The Starbucks Analyst: Nick Setyan upgraded Starbucks from Neutral to Outperform with a price target lifted from $108 to $...

Starbucks Corporation (NASDAQ: SBUX) faces a more encouraging outlook for 2021 and beyond as trends are "moving strongly in the right direction" for the coffee chain and some of its rivals, according to foot traffic analytics firm Placer.ai. What Happened: Foot traffic data shows visits...

Millions of people were left with no option but to work from home throughout 2020. This disrupted the coffee industry and benefited those with at-home exposure, especially Keurig Dr Pepper Inc (NASDAQ: KDP). Keurig Momentum: One convenient way for consumers to get their caffeine fix is through a...