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Starbucks's (SBUX) fiscal fourth-quarter profit surged 86% as the largest U.S. coffee-shop operator boosted same-store sales from a combination of more customer visits and more spending per customer.
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American market by capitalization.
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.
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Starbucks (SBUX) released higher-than-expected earnings of $217.3 million, or 28 cents a share, on revenue of $2.13 billion for its fiscal second quarter of 2010, after luring more customers to ...
Stock name Symbol Country of origin Nabors Industries: NBR: United States: NACCO Industries: NC: United States: Nam Tai Property Inc. NTP: Hong Kong: National Bank Holdings Corporation NBHC: United States: National Bank of Greece: NBG: Greece: National Fuel Gas: NFG: United States: National Grid plc: NGG: United Kingdom: National Health ...
Source: S&P Capital IQ. Starbucks' P/E ratio has dropped by about 25% over the past decade. That's prevented a lot of the company's earnings growth from showing up in shareholder returns.
In July 2008, during the Great Recession, Starbucks announced it was closing 600 underperforming company-owned stores and cutting U.S. expansion plans amid growing economic uncertainty. [33] [34] On July 29, 2008, Starbucks also cut almost 1,000 non-retail jobs as part of its bid to re-energize the brand and boost its profit. Of the new cuts ...