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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. ... 6% year over year ...
Analysts expect the Seattle, Washington-based company to report quarterly earnings at 67 cents per share, down from 90 cents per share in the year-ago period. Starbucks projects quarterly revenue ...
Revenue was flat year over year at $9.4 billion, versus estimates of $9.32 billion. Earnings per share of $0.69 were a 23% drop compared to the same quarter a year ago, but higher than the $0.66 ...
Starbucks shares — which for years have traded at relative premiums to competitors — trade on a trailing 12-month price-to-sales ratio of 2.87 times.
Starbucks CEO Brian Niccol said the coffee giant will cut 30% of its menu offerings this year. In an earnings call, Niccol told investors the cuts are part of Starbucks' plan to streamline service.
What Happened: Starbucks reported quarterly adjusted earnings of $1 per share, which beat the estimate of 99 cents. ... Starbucks announced a $20-billion buyback plan over the next three years ...
Starbucks reported record revenue in its fiscal first quarter but lowered its sales outlook for the rest of the year as spending weakens in China and other markets. Starbucks said its revenue rose ...
In today's edition of Motley Fool Money, our top analysts weigh in on Starbucks' most recent earnings. In the first quarter, we saw profits up 13% and global-same store sales up 6%. While some ...