China Coffee Giant Luckin Challenges Starbucks in the US

247wallst.com/investing/2025/07/01/china-coffee-giant-luckin-challenges-starbucks-in-the-us

Starbucks Corp. (NASDAQ: SBUX) sales in China are essential to its future. In the most recent quarter, the U.S. and China together had 61% of the company’s stores worldwide. At the end of the quarter, it had 17,122 stores in the United States and 7,758 in China. However, China has become…

This story appeared on 247wallst.com, 2025-07-01 12:10:51.
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