coffee

Vegan food and drink maker Havre Global AB, perhaps best known for its oat milk product Oatly, has reached a deal with coffee chain Starbucks Corporation (NASDAQ: SBUX) just days after confirming initial public offering plans. What Happened: Sweden-based Havre Global said Feb. 24 that it...

RBC analysts maintained a bullish stance on Keurig Dr Pepper Inc (NASDAQ: KDP) and Monster Beverage Corp (NASDAQ: MNST) after the two beverage giants reported encouraging fourth quarter results. The Keurig Dr Pepper and Monster Beverage Analyst: Nik Modi maintains an Outperform rating on Keurig Dr...

Starbucks Corporation (NASDAQ: SBUX) should be considered as a "reopening beneficiary" and the coffee chain giant is well-positioned to show upside versus expectations, according to BMO Capital Markets. The Starbucks Analyst: Andrew Strelzik upgraded Starbucks from Market Perform to...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Coffee, like homebrew and sourdough bread, proved to be an essential commodity—in fact, an essential luxury—in 2020. As...

Luckin Coffee Inc – ADR (OTC: LKNCY), which trades as an over-the-counter stock, is plunging hard Friday following an announcement from the company regarding a Chapter 15 bankruptcy filing. What Happened: Luckin said that a verified petition under Chapter 15 of title 11 of the U.S. code...

Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...

Starbucks Corporation (NASDAQ: SBUX) has lost its COO Rosalind Brewer, who accepted the CEO title at Walgreens Boots Alliance Inc (NASDAQ: WBA). What Happened: Brewer was the CEO of Sam's Club before joining Starbucks as COO and member of the board. She played a leadership role in shifting...

Starbucks Corporation (NASDAQ: SBUX) is offering free coffee to front-line responders and healthcare workers at participating stores in the United States through December as a part of showing its appreciation. What Happened: The free coffee would be available beginning Dec. 1 through Dec. 31 to any...

Consumer packaged goods company J M Smucker Co (NYSE: SJM) knows "a little bit more about the future" now than it did in prior months, so Smucker is confident that its recent momentum can be sustained, CEO Mark Smucker said on CNBC's "Squawk on the Street." Share Gains:...

Coffee giant Starbucks Corporation (NASDAQ: SBUX) hosted its "Red Cup Day" on Nov. 6, and data analytics company Placer.ai said the promotion of giving a free, collectable holiday-themed cup is "shockingly effective" at driving traffic.  'Massive' Impact For...

Coffee and fast food chain Dunkin Brands Group Inc (NASDAQ: DNKN) is launching a new lineup of merchandise just in time for the holiday season, the company said in a press release. What Happened: Dunkin's lineup of limited-edition holiday merch is designed to please fans of the coffee chain....

Coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed Friday evening that it struck deal to sell itself to Inspire Brands for $106.50 per share. The Street's mostly supportive of the deal — and questioning whether it signals further M&A deals ahead in the restaurant...

Jim Lebenthal of Cerity Partners discussed his bullish thoughts on Starbucks Corporation (NASDAQ: SBUX) on CNBC's "Halftime Report" Friday. Starbucks is a great long-term hold, Lebenthal said, adding that he's not worried about the third-quarter earnings results...

Starbucks (NASDAQ: SBUX) reported fourth-quarter earnings per share of 51 cents Thursday, beating analyst expectations of 31 cents, and fourth-quarter sales of $6.2 billion that beat the Street estimate of $6.04 billion. Starbucks CEO Kevin Johnson appeared on CNBC’s “...

Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed it is in talks to merge with Inspire Brands, and the coffee chain's rising foot traffic over the years may have contributed to the logic behind the M&A talk.  Retail Data Firm: Says Dunkin' Has Consistent Growth Dunkin...