Analysts cook up new Chipotle stock price targets ahead of earnings [Yahoo! Finance]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
However, expense has become an issue with several of the largest chains. Roughly a quarter of low-income consumers, defined as those making less than $50,000 a year, said they were eating less fast food and about half said they were making fewer trips to fast-casual and full-service dining establishments, Reuters reported , citing polling by the consulting firm Revenue Management Solutions. Chains may be less likely to chase customers than they were in the past because even as traffic drops, sales have remained consistent, supported by higher prices. Fast food companies aren't "in a hurry to take traffic over profit the way they were a decade ago,” Mike Lukianoff, chief executive of SignalFlare.ai and a fast-food-industry consultant, told Reuters. Executives at some of these companies have acknowledged that they're having trouble attracting lower-income customers. “Eating at home has become more affordable,” McDonald's CEO Chris Kempczinski told analysts in February. “The b
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SBUX
News
- A Showdown Over Noncompete Agreements Is Coming. Buckle Up. [Forbes]Forbes
- I'm a Shopping Expert: How To Overcome the ‘Target Effect' To Save Money [Yahoo! Finance]Yahoo! Finance
- Starbucks lays out promises ahead of its Q2 report, but key issues remain unaddressed [Yahoo! Finance]Yahoo! Finance
- Here's How Much Stock Starbucks Repurchased in the Past Year [Yahoo! Finance]Yahoo! Finance
- McDonald's set for weak sales growth as US fast-food chains grapple with muted traffic [Reuters]Reuters
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