Starbucks’s 2013 Goals, Ford C-MAX Shines: Consumer Business Report
Starbucks Corporation (NASDAQ:SBUX) Chief executive Howard Schultz reports that his company will launch nearly 1,200 new stores in 2013 and remodel another 2,000. He also anticipates hitting 1,000 the store mark in China and says that Japan and India will experience store growth in the same year.
General Motors (NYSE:GM) debuts its new pint-sized hatchback in India to compete with offerings from Suzuki, Hyundai, and Ford. Going the smaller car route there is logical for the company, which sees the strongest demand for less expensive and lighter vehicles. GM India hopes that this strategy can to turn around its sales track after a third quarter year-over-year drop of 23 percent.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Ford Motor Company (NYSE:F) beats Toyota in the domestic hybrid market with its new C-MAX outselling the Prius V by 3,182 to 2,769 units sold in October. The company says that the C-MAX hybrid brings a fuel savings advantage compared to its rival and is hooking in shoppers who are analyzing the two models.
Shares of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) gained more than 35 percent on the day, subsequent to beating on both lines with its third quarter results. The company won with average sales, customer traffic, and margins, all improving during the period.
Don’t Miss: Here’s Why Starbucks is Not Like the Others.