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-0.00217812840332546 -0.000185937790527742 0.00140781469971058 0.00247031635986941 0.00087656386963108 0.00140781469971058 -0.0112093925146757 -0.0128031450049141
Stock impact report

Starbucks Q1: Slashed Guidance Presents A Great Buying Opportunity [Seeking Alpha]

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: Seeking Alpha
The company's guidance was lowered due to challenging economic conditions and slower-than-expected growth in China. Despite the challenges, SBUX continues to expand, entering into two new markets. Active Rewards members grew 6% YoY. With interest rates remaining higher for longer, this will continue to weigh on consumer financials going forward. I have a price target of $92, roughly 23% upside from the current price of $75. Introduction With Starbucks ( NASDAQ: SBUX ) recent earnings not impressing investors or Mr. Market with a miss on both the top and bottom lines, the coffee giant experienced a strong sell-off with the stock down over 18% at Recommended For You Recommended For You Show less Read more
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