3 Reasons Starbucks Stock Is a Buy Ahead of Earnings [The Motley Fool]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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investor.starbucks.com/ir-home/default.aspx
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Source: The Motley Fool
3 Reasons Starbucks Stock Is a Buy Ahead of Earnings Ahead of its fourth quarter earnings release on Oct. 0, Starbucks ( NASDAQ:SBUX However, Starbucks' stock price has lost steam recently, shedding % over the last month. Given the stock's dip, this may be a good time to consider adding shares of Starbucks to your portfolio. Image source: Starbucks The core business is on track, helped by popular new offerings Wall Street keep tabs on Starbucks throughout the year, and recent data show that traffic and sales trends in the Americas were strong during the most recent quarter, with some analysts raising their quarterly Americas comparable sales growth estimates above the .% consensus. The company is benefiting from product launches and positive seasonal weather trends. Nitro Cold Brew -- a customer favorite -- was scheduled to roll out to all U.S. company-operated stores by the end of the fiscal fourth quarter, likely giving the region a boost. CEO Kevin Johnson said stores offering the
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SBUX
News
- Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli Lilly [CNBC]CNBC
- Starbucks Co. (NASDAQ: SBUX) had its price target lowered by analysts at Wedbush from $95.00 to $92.00. They now have a "neutral" rating on the stock.MarketBeat
- Starbucks, Workers United made 'significant progress' in this week's contract talks [MSNBC.com]MSNBC.com
- SpaceX asks Texas judge to block NLRB case over severance agreements [Reuters]Reuters
- Starbucks, Workers United made ‘significant progress' in this week's contract talks [CNBC]CNBC
SBUX
Earnings
- 1/30/24 - Miss
SBUX
Sec Filings
- 4/24/24 - Form 4
- 4/22/24 - Form 144
- 4/17/24 - Form 4
- SBUX's page on the SEC website