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Stockreport

Analyst revamps Starbucks stock price target ahead of earnings [Yahoo! Finance]

Starbucks Corporation (SBUX)  More Company Research Source: Yahoo! Finance
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
The Starbucks SBUX CEO, who took over the top spot last year, told analysts in January that the coffee giant has been contending with "some unexpected headwinds, which impacted the rate of growth." "We feel very confident about our robust plans to address these challenges," he said. "While we are already seeing traction, there was an impact in the quarter, and it will take some time to normalize." Related: Analysts take aim at Tesla stock after Elon Musk makes unpopular decision The company had missed Wall Street's fiscal first-quarter expectations, amid falling U.S. and international sales, although Narasimhan maintained that "our performance in the quarter was fundamentally strong." Starbucks reported earnings of 90 cents a share, missing FactSet's call for 93 cents a share. Revenue totaled $9.43 billion, short of analysts' expectations for $9.59 billion in sales. Global same-store sales increased 5%, below Wall Street's estimates of 7.2%. North American same-store sales [Read more]

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Stockreport

Analyst revamps Starbucks stock price target ahead of earnings [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
The Starbucks SBUX CEO, who took over the top spot last year, told analysts in January that the coffee giant has been contending with "some unexpected headwinds, which impacted the rate of growth." "We feel very confident about our robust plans to address these challenges," he said. "While we are already seeing traction, there was an impact in the quarter, and it will take some time to normalize." Related: Analysts take aim at Tesla stock after Elon Musk makes unpopular decision The company had missed Wall Street's fiscal first-quarter expectations, amid falling U.S. and international sales, although Narasimhan maintained that "our performance in the quarter was fundamentally strong." Starbucks reported earnings of 90 cents a share, missing FactSet's call for 93 cents a share. Revenue totaled $9.43 billion, short of analysts' expectations for $9.59 billion in sales. Global same-store sales increased 5%, below Wall Street's estimates of 7.2%. North American same-store sales [Read more]

IMPACT SNAPSHOT
EVENT TIME:
SBUX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS