Food & Beverage Stocks

Starbucks Corporation (NASDAQ: SBUX) fourth-quarter earnings and revenue took a hit due to the pandemic but the company still beat consensus. The company saw a faster-than-expected recovery in the U.S. and China, driven by average ticket growth. What Happened: Global same-store...

Luckin Coffee Inc (OTC: LKNCY) is among a group of 45 companies fined $8.98 million for falsification of financial records and misleading the public by China’s market regulator, Reuters reported Monday. What Happened: The market regulator said its investigations established that the coffee...

During a discussion with Mad Money show host Jim Cramer, Chief Executive Officer of Coca-Cola Co (NYSE: KO) James Quincey cleared the air about its new product. Quincey clarified that the company’s Hard Seltzer drink is estimated to be released sometime in the first half of 2021....