Search results
Results from the WOW.Com Content Network
Starbucks (NASDAQ: SBUX) ... Declining revenue trends. ... Starbucks had 40,199 stores scattered across the world, up 29% compared to just five years ago. During the announcement of a strategic ...
The Seattle coffee giant said its revenue was flat at $9.4 billion for the 13-week period ending Dec. 29. That beat Wall Street's forecast of $9.3 billion, according to analysts polled by FactSet.
Starbucks said its revenue rose 8% to a record $9.43 billion for the October-December period. ... It was the largest strike yet in the 2-year-old effort to unionize Starbucks’ company-owned U.S ...
Starbucks' same-store sales — or sales at locations open at least a year — fell 3%. That was slightly higher than the 2.7% drop Wall Street had expected, according to analysts polled by FactSet. In China, where Starbucks is feeling pressure from lower-priced rivals, same-store sales plunged 14%.
Starbucks recently released its fiscal 2024's second-quarter earnings report, in which the beverage retailer generated $8.6 billion in revenue. That marked a 2% year-over-year decline, partly ...
A year later, McDonald's conceded that Starbucks was "winning the coffee wars" by cornering the caffe latte market. [51] Competing firms have retooled their market expansion by spinning off divisions to finance store openings. In 2018 Starbucks sold its packaged coffee business to Nestlé in order to free up $7.2 billion for their stores. [52]
Q1 EPS also included a $0.02 year-over-year benefit from a lower effective tax rate primarily driven by a discrete item, which is not expected in the balance of this fiscal year. Now looking at ...
Starbucks reported record revenue in its fiscal third quarter as its China business roared back to life. Starbucks shares were down 1% in after-market trading Tuesday. Same-store sales — or ...