Starbucks Rewards Loyalty Program 90-day Active Members In U.S. +32.6 million, +(14%) Y/Y
Portfolio Pulse from Benzinga Newsdesk
Starbucks has reported a 14% year-on-year increase in the number of active members in its Rewards Loyalty Program in the U.S., reaching 32.6 million.
November 02, 2023 | 10:03 am
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POSITIVE IMPACT
Starbucks' 14% Y/Y increase in active members of its Rewards Loyalty Program in the U.S. indicates a strong customer base and potential for increased revenue.
The increase in active members of Starbucks' Rewards Loyalty Program indicates a growing and loyal customer base, which could lead to increased sales and revenue. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100