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Starbucks' overall revenue is up 11% to nearly $9.4 billion, higher than the $9.28 billion expected from Wall Street, while adjusted earnings per share came in at $1.06, which also beat estimates ...
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. North America and US same ...
Starbucks plans to reduce beverage and food offerings on the menu by 30% by the end of this fiscal year. The company recently canceled the extra charge on non-dairy milks and paused price increases.
Image source: The Motley Fool. Starbucks (NASDAQ: SBUX) Q4 2024 Earnings Call Oct 30, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
Starbucks' most recent quarter showed a 7% drop in global comparable-store sales as consumers shunned the chain's ever-pricier coffees and long wait times. North America comparable store sales ...
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.
Wall Street embraces Starbucks after a better than expected quarter.
The news followed Starbucks’s blowout earnings, where the company saw quarterly sales jump 11.4% to $9.37 billion and adjusted earnings of $1.06 per share (handily beating analyst estimates of ...