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Tag: Luckin Coffee Inc

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

At least 150 companies have warned investorsRead More

Starbucks (SBUX) earnings Q4 2019 meet estimates

Starbucks on Wednesday reported quarterly revenue that topped analysts’ expectations as cafes in the U.S. and China attracted more customers. Shares of the company jumped more than 2% in extended trading. “Our U.S. business delivered 6% comparable store sales growth in the fourth quarter, while China grew comparable store sales by 5% and total transactions …

Starbucks (SBUX) earnings Q4 2019 meet estimatesRead More

Sports agents warn players to avoid China talk as NBA walks fine line

A Chinese flag is placed on merchandise in the NBA flagship retail store on October 9, 2019 in Beijing, China. Kevin Frayer | Getty Images NBA players have been unusually quiet on China since the nation started severing ties with the league. That may stem from the private advice they are getting from sports agents …

Sports agents warn players to avoid China talk as NBA walks fine lineRead More