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Brian Niccol Promised to Get 'Back to Starbucks.' Wall Street Says 'Starbucks Is Back.' [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Key Takeaways Starbucks reported its first quarter of revenue and earnings growth in more than two years on Tuesday, validating investors who put stock in CEO Brian Niccol's 2024 turnaround plan. Wall Street is encouraged that the coffeehouse chain's efforts to improve the customer experience are improving brand perception and increasing loyalty. Starbucks may be back in the good graces of both investors and consumers. Shares of Starbucks ( SBUX ) surged to their highest price in over a year, bubbling over $100, Wednesday after the coffeehouse chain posted quarterly results that suggested its turnaround plan is working. The company yesterday afternoon posted its first quarter of revenue and earnings growth in more than two years; same-store sales grew more than 6%, driven by increased traffic and larger average purchases. Growth was particularly strong in the U.S., where spending increased across all income levels and age cohorts, according to CEO Brian Niccol. "We believe
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NEWS
- Jim Cramer talks the turnaround in Starbucks [CNBC][CNBC]
- Starbucks Sales Are up and CEO Brian Niccol's Fingerprints Are All Over It [Yahoo! Finance][Yahoo! Finance]
- Starbucks (SBUX) had its price target raised by BNP Paribas Exane from $84.00 to $87.00. They now have an "underperform" rating on the stock.[MarketBeat]
- Why Starbucks Stock Popped Wednesday Morning [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Starbucks is Back to Growth After Strong Q1 Performance [Yahoo! Finance][Yahoo! Finance]
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SBUX
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SEC Filings
- 4/29/26 - Form 144
- 4/28/26 - Form 10-Q
- 4/28/26 - Form 8-K
- SBUX's page on the SEC website
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