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Starbucks breaks through 7000 stores in China and will accelerate its entry into county-level markets
On January 31st, Starbucks announced its Q1 2024 financial performance. In the first quarter, it achieved a net income of 735 million US dollars, a year-on-year increase of 20%. Same store sales incr ... -
Starbucks China added 213 new stores and entered 38 county-level markets in the third quarter
On July 31st, Starbucks China released its financial report for the third quarter of the 2024 fiscal year ending on June 30th, 2024. Data shows that Starbucks China's net revenue for the third quarte ... -
Continuing to target lower tier cities, Starbucks China enters 166 county-level markets in fiscal year 2024
On October 31st, Starbucks released its fourth quarter financial report. According to the financial report, Starbucks' net revenue for the fourth quarter was $783.7 million, a 6% increase compared to ...