Starbucks - Coffeehouse chain achieves strong results thanks to loyalty program and rising consumer demand!

Business Driver: Starbucks (SBUX) is one of the world's leading coffeehouse chains, with over 40,000 locations globally. Starbucks is particularly strong in the USA and China, where it has significantly expanded its presence recently. As consumer demand continues to recover in core markets such as China, Starbucks has good chances of returning to a growth path after a prolonged dry spell. The Starbucks Loyalty Program, which recently recorded a modest increase of 1% to 34.6 million users, is also expected to provide momentum. On January 29,...