Starbucks Korea reported a net profit of 33.6 billion won in the first quarter, jumping 77.8 percent on-year due to an increase in mobile orders and drive-thru store sales and a lower base effect.
Sales surged 15 percent on-year to 523 billion won, and its operating profit soared 73 percent to 45.4 billion won, according to E-Mart, which holds a 50 percent stake in Starbucks Korea.
In the first quarter last year, large cafes were required to close before 9 p.m.
As of the end of 2020, Starbucks Korea operated 1,536 outlets nationwide.


Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 



