Starbucks feels inflation heat; revenue grows at 2% in Q2
The Morning Standard|October 21, 2024
TATA Starbucks, a joint venture between Starbucks Coffee Company and Tata Consumer Products Limited, is facing the pinch of sluggish consumer spending in urban areas as revenue growth remained underwhelming in the current financial year.
- DIPAK MONDAL
Starbucks feels inflation heat; revenue grows at 2% in Q2

Starbucks revenue in the September quarter grew at a subdued rate of 2%, which the company attributes to the overall slowness in the QSR segment. The revenue growth was 4% in the previous quarter. In the previous financial year (2023-24), Starbucks had posted a revenue growth of 12% at ₹1,218 crore. Starbucks accounts for around 8% of Tata Consumer Products' consolidated revenue.

この蚘事は The Morning Standard の October 21, 2024 版に掲茉されおいたす。

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この蚘事は The Morning Standard の October 21, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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