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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.
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.
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.
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 ...
A once-beloved stock, Starbucks has underperformed the S&P 500 over the last five and 10-year periods. It now trades at a discounted earnings multiple as investors sour on the company's growth ...
ChatGPT gained market share over the period, potentially challenging Google's dominance. ... Microsoft Bing only has 4% of the search market, per the Evercore report, yet it generates billions of ...
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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