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Global transactions fell 6% but Starbucks stock was counterintuitively up 7% as of 12:30 p.m. ET. As fiscal 2024 was wrapping up, the backwards momentum for Starbucks' business was certainly ...
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.
Then, the big news came on Aug. 13 when Starbucks announced it had poached the highly esteemed Chipotle Mexican Grill CEO, Brian Niccol, to become the new chairman and CEO of Starbucks. The stock ...
A Starbucks coffee shop is seen in Yichang City, Hubei Province, China, on Dec. 27, 2024. (CFOTO/Future Publishing via Getty Images) (CFOTO via Getty Images)
Starbucks' most recent quarter showed a 4% drop in global same-store sales as the company pulled back on discounts and consumers shunned the long lines at the chain. North America and US same ...
Starbucks posted preliminary fourth quarter results that shocked the Street on Tuesday afternoon. The company reported quarterly revenue that fell 3% year over year to $9.1 billion, while adjusted ...
Starbucks will need time to "brew a fresh pot," per Jefferies analyst Andy Barish.On Tuesday, before the market open, Barish downgraded shares of the coffee giant to Underperform and lowered his ...
Wall Street embraces Starbucks after a better than expected quarter.