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The stock price had mostly retained its Aug. 13 gains, a sign of optimism that investors were looking forward to the fourth-quarter and full fiscal 2024 report on Oct. 30, rather than dreading it.
Shares of coffee giant Starbucks (NASDAQ: SBUX) popped on Wednesday after the company reported financial results for its fiscal first quarter of 2025 -- the first quarter of its hopeful turnaround.
Today, Starbucks trades at a trailing price-to-earnings ratio (P/E) of 20. This is lower than the S&P 500 average of 27, and it marks one of the lowest levels Starbucks has seen in recent years.
Its second-largest market, China, saw a 6% drop in same-store sales, with a 4% decline in average ticket and 2% lower traffic. Overall revenue came in at $9.4 billion, which was basically ...
Starbucks stock jumped after earnings last week, and it was up 16% over the past year, despite falling sales and sagging earnings. There's been some progress, and investors are picking up on that.
Saleh named Starbucks one of his top first-half 2025 picks, assigning a $115 price target. The target assumes about 30% upside from current levels. The average sell-side price target on Starbucks ...
Shares of Starbucks (NASDAQ: SBUX) soared 21.3% higher in August 2024, according to data from S&P Global Market Intelligence. The giant coffee chain only had a single piece of game-changing news ...
Shares of Starbucks (SBUX) were down more than 9% through morning trading hours Wednesday after the coffee retailer issued sluggish comps guidance and said it would close more than 150 U.S. stores ...