{
  "id": 11357357,
  "title": "DFI Retail’s Starbucks deal offers ‘earnings stability’ despite near-term hit: analysts",
  "url": "https://urgent.news/2026/10/02/dfi-retails-starbucks-deal-offers-earnings-stability-despite-near",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T04:26:13.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/dfi-retails-starbucks-deal-offers-earnings-stability-despite-near-term-hit-analysts"
  },
  "original_language": "en",
  "account": "Analysts maintain that DFI Retail Group's acquisition of the Starbucks licence will provide the company with greater \"earnings stability\" in the long run, despite a near-term earnings hit. DBS, one of the brokers covering the retailer, lowered its target price to US$4.50 from US$5, citing integration costs and the loss of Maxim's associate profit. However, the broker maintained a \"buy\" rating, anticipating Starbucks revenue to offset the initial costs and bring in US$340 million in cash. CGS International and Citi kept their \"add\" calls on the stock, with CGSI maintaining a target price of US$5.50 and Citi viewing the transaction as the final step in DFI's transformation into a fully operational company.",
  "summary": "DBS lowers its target price for the retailer to S$4.50",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}