Starbucks (SBUX) Gears Up for Q2 Earnings: What's in Store? [Yahoo! Finance]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
Company Research
Source: Yahoo! Finance
In the last reported quarter, the company recorded an earnings miss of 2.2%. Q2 Estimates The Zacks Consensus Estimate for earnings is pegged at 80 cents per share, indicating growth of 8.1% from the year-ago levels. In the past seven days, the consensus estimate for earnings has witnessed downward revisions by 1.3%. The Zacks Consensus Estimate for revenues is pegged at $9.15 billion, implying an increase of 4.9% from the year-ago level. Factors to Note SBUX's results in the quarter are likely to be aided by unit expansion, solid improvement in China and upgraded product offerings. Starbucks is also benefiting from strong loyalty program. The company's focus on enhancing the Starbucks app, offering personalized ordering options and expanding delivery services continue to contribute to its digital growth. Starbucks' Triple Shot Reinvention strategy is yielding positive results, driving margin expansion and operational efficiencies. The company continues to invest in store ex
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SBUX
News
- Here's Why I Finally Bought Starbucks Stock -- And 1 Reason I'm Being Cautious [Yahoo! Finance]Yahoo! Finance
- Starbucks needs a better in-store experience to retain, gain US customers, Howard Schultz says [USA TODAY]USA TODAY
- Analysts brew up new Starbucks stock price targets after earnings [Yahoo! Finance]Yahoo! Finance
- Ahead of earnings, Cramer says many retailers have raised prices too high [CNBC]CNBC
- Starbucks sales are slumping. Is it a bellwether for the economy? [Yahoo! Finance]Yahoo! Finance
SBUX
Earnings
- 4/30/24 - Miss
SBUX
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/24/24 - Form 4
- SBUX's page on the SEC website