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0.000327118089630369 0.000981354268891107 0.000763275542470758 -0.000545196816050563 -0.00436157452840482 -0.00456983971213608 -0.00703303892705278 0.000981354268891107
Stock impact report

Starbucks Is Boring [Yahoo! Finance]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
The share price was down again before the market opened today. A 4% increase in comparable store sales is not like the good old days. Revenue in the most recent quarter rose 6% to $9.9 billion, and per-share earnings fell 19% to $0.56. If Starbucks Corp. ( NASDAQ: SBUX ) earnings were a sign of a turnaround, the share price is not showing it. Sales grew in the most recent quarter, but not enough to impress Starbucks investors. Investors rethink 'hands off' investing and decide to start making real money The stock is down 14% in the past year, while the S&P 500 is 14% higher. In the past five years, it is down 3%, compared with the S&P 500's 87% gain. Investors remember when Starbucks was a growth company stock. That was as recently as 2021, when the stock price was $120. It is $94 today and going nowhere. “Our Q1 results demonstrate our ‘Back to Starbucks' strategy is working and we believe we're ahead of schedule,” according to CEO Brian Niccol. Compared to quarters when Show less Read more
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