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Stockreport

Starbucks founder Howard Schultz says company needs to 'overhaul' strategy as troubles mount [Yahoo! Finance Canada]

Starbucks Corporation (SBUX)  More Company Research Source: Yahoo! Finance Canada
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Schultz, who no longer has a formal role in the company, was quick to weigh in on the coffee giant's latest miss . In a LinkedIn post on Sunday , the founder and former CEO said he has been asked by "people inside and outside the company" for his thoughts on the earnings miss. He wrote that issues need to be fixed in the US first, with a need to "overhaul" the current strategy and focus on "coffee-forward" innovations and core products. Schultz remains the chain's largest individual shareholder with nearly 21.8 million shares, worth roughly $1.6 billion. ADVERTISEMENT Some investors are left questioning whether this means a potential fourth return as CEO, with current head honcho Laxman Narasimhan only recently reaching one year in the role. Narasimhan plans to bolster declining sales trends with various tactics such as value offerings, new items like boba-tea like pearls, energy drinks, and speedier service. When he left for the third time last year, Schultz said publicly [Read more]
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Stockreport

Starbucks founder Howard Schultz says company needs to 'overhaul' strategy as troubles mount [Yahoo! Finance Canada]

Starbucks Corporation  (SBUX) 
More Company Research Source: Yahoo! Finance Canada
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Schultz, who no longer has a formal role in the company, was quick to weigh in on the coffee giant's latest miss . In a LinkedIn post on Sunday , the founder and former CEO said he has been asked by "people inside and outside the company" for his thoughts on the earnings miss. He wrote that issues need to be fixed in the US first, with a need to "overhaul" the current strategy and focus on "coffee-forward" innovations and core products. Schultz remains the chain's largest individual shareholder with nearly 21.8 million shares, worth roughly $1.6 billion. ADVERTISEMENT Some investors are left questioning whether this means a potential fourth return as CEO, with current head honcho Laxman Narasimhan only recently reaching one year in the role. Narasimhan plans to bolster declining sales trends with various tactics such as value offerings, new items like boba-tea like pearls, energy drinks, and speedier service. When he left for the third time last year, Schultz said publicly [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