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Starbucks stock plunges 14% after badly missing its Q2 earnings estimates. ... As of Q2, Starbucks expects 2024 global revenue growth of low-single digits, down from the previous range of 7% to 10 ...
Starbucks reported fiscal second quarter 2023 earnings results that beat estimates on Tuesday, May 2 after market close. In its fiscal second quarter, Starbucks posted U.S. same-store sales that ...
Earnings breakdown . Here's what Starbucks reported, compared to estimates based on Bloomberg consensus data: Revenue: $9.1 billion versus $9.2 billion. Adjusted earnings per share: $0.93 versus $0.92
The Street — having been burned by Starbucks for most of the past two years (the stock is down 9% versus a 35% gain for the S&P 500 during that stretch) — largely didn't buy in.
Starbucks lowered expectations for its full-year sales and profit Tuesday after a disastrous quarter that saw a slowdown in store visits across the world.. The Seattle coffee giant said revenue ...
Here's what Wall Street expects from Starbucks, per Bloomberg consensus estimates: Adjusted earnings per share: $0.80, up 9.61% from a year ago Revenue: $9.13 billion, up 5% from a year ago Same ...
Following the news, Starbucks' stock price rose nearly 7% after market close, having fallen more than 21% in the past year. ... The chain's shares fell 14% following its Q2 earnings results, when ...
Starbucks stock could come alive as 2025 moves along, one Wall Street restaurant analyst contends. ... Starbucks' most recent quarter showed a 7% drop in global comparable-store sales as consumers ...