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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 ...
In the past year, Starbucks stock has gained 5%, far lagging the S&P 500's 24% rise. But the shares have risen 32% in the past six months after Niccol was announced as the new CEO in August.
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 ...
Starbucks' same-store sales — or sales at locations open at least a year — fell 4% compared to the same period last year. The decline was less than the 5.5% analysts anticipated, according to ...
Also, for your calendar planning purposes, please note that our second quarter fiscal year 2025 earnings conference call has been tentatively scheduled for Tuesday, April 29th, 2025. And with that ...
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' decaf-like start to the year continues into the second quarter. ... Revenue for the second quarter dropped 2% year over year to $8.6 billion. Adjusted earnings per share also came in ...
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.