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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.
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.
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.
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 ...
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.
At the time of this writing, Starbucks (NASDAQ: SBUX) has tumbled a painful 8.7% over the past week -- likely due to soaring Arabica coffee bean prices and a broader market sell-off. Starbucks is ...
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Wall Street embraces Starbucks after a better than expected quarter.