SBUXD Stock Price and Chart — BCBA:SBUXD

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Starbucks is evaluating bids for a controlling stake in its China operations, emphasizing its commitment to the long-term growth potential in the Chinese market.

Starbucks has lowered prices on non-coffee beverages in China as a response to declining sales amid challenges in adapting to a cautious consumer environment and increased competition.

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About Starbucks Corporation

Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: North America, International, and Channel Development. The North America segment focuses on the United States and Canada. The International segment is involved in China, Japan, Asia Pacific, Europe, Middle East, Africa, Latin America, and Caribbean. The Channel Development segment includes roasted whole bean and ground coffees, Seattle’s Best Coffee, and Teavana-branded single-serve products. The company was founded by Jerry Baldwin and Howard D. Schultz on November 4, 1985, and is headquartered in Seattle, WA.

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