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US Starbucks is expanding discounts and benefits to bring back customers.
Starbucks' grande-size caramel frappuccino is typically priced at around $5.65 (about 900 yen) in the U.S. It has recently been reported that many customers are buying it for about half that price. Starbucks has long been hesitant to offer special discounts, but lately it has been discounting its coffee more frequently and focusing on discount campaigns and expanding benefits programs for its loyalty members. <2702> Ma.
Eternal Hospitality's Attributable Profit More Than Quadruples in Fiscal Nine Months
Eternal Hospitality Group's (TYO:3193) profit attributable to owners more than quadrupled in the fiscal nine months, thanks to a nearly 28% on-year jump in net sales, according to a Tuesday filing wit
Stocks that moved the previous day include Ridge-i, Pharmafoods, and Tokyo Seimitsu, among others.
Stock name <code>11-day closing price ⇒ Previous day comparison Chiel <3933> 558+172 Announcement of increase in dividend estimate for fiscal year ending March 2025. Nitto Uny <3524> 1618 +1382 Despite downward revisions in operating profit estimates for the fiscal year ending April 2014, revenue, ordinary profit, and net profit estimates have been upward revised. B & P <7804> 1647-127 The growth rate has shrunk from 2.8 times the first quarter to a 15.9% increase in operating profit for the first half. VEGA <3542> 677-265 Sales in the month decreased by 17.7%. Nippon Information C.
Pharma F, B garage, Daiwa Tsushin, etc.
<5801> Furukawa Electric (4291) continued to rise significantly by +128. Daiwa Securities upgraded its investment rating from "3" to "2" and raised its target stock price from 3000 yen to 4600 yen. They have revised their financial estimates upward, incorporating improvements in the profit and loss of energy infrastructure and recovery of sales of optical fiber in the USA. Furthermore, it is expected that the demand for optical cables for US communication operators will recover from the second half of this fiscal year, once the details of BABA's system have been finalized. Also, profits from the functional product business, mainly thermal products for AI, are expected to grow.
Eternal G--significantly rebounded, with a rating upgrade due to performance forecasts raised by domestic securities.
Eternal G <3193> rebounded significantly. Ichimatsu Securities raised its rating from "B" to "A" and its fair value from 4900 yen to 5000 yen. Considering the current strong sales, the operating profit forecast for the period after July 2024 has been upwardly revised, while the discrepancy with the fair value has widened due to the decline in stock prices. The operating profit for the July 2024 period has been upwardly revised to 3.4 billion yen, which is 2.4 times higher than the company's planned 3.01 billion yen and the previous period.
Active and newly listed stocks during the morning session.
*Pharmaceutical Foods <2929> 1012 +150. The third quarter operating profit exceeded the annual plan. *K&O Energy Group <1663> 4165 +365. The rise of Ise Chemicals as related to iodine also stimulated. *Eternal Hospitality Group <3193> 3945 +300. Ratings were raised by Ichiyoshi Securities. *Tokyo Keiki <7721> 3220 +221. Positive reports were released by Daiwa Securities. *Japan Micronics <6871>
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