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Stockreport

Gas price spike is eating up fast food sales: Chart [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
Restaurant industry sales have fallen every week in March as the Iran war sent gas prices surging across the country, pressuring consumers' disposable income. "The war in Iran is likely having negative effects on both restaurant demand and on supply, with rising operating costs (energy, commodities), partial closures and limited supply chain especially in Asia," Bernstein restaurant analyst Danilo Gargiulo said in a note on Friday. "On the demand side, the high-frequency data from early March appears to be showing industry slowdown, and we think it is reasonable to interpret that as incremental pressure on a low-income consumer who was already stretched and spends on gas disproportionately more as % of income." Since the start of Operation Epic Fury in late February, US gas prices have undergone their most violent upward swing in decades. The national average, which was a relatively stable $2.98 per gallon before the conflict with Iran, surged past the $3.90 mark by late March. [Read more]
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Stockreport

Gas price spike is eating up fast food sales: Chart [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
Restaurant industry sales have fallen every week in March as the Iran war sent gas prices surging across the country, pressuring consumers' disposable income. "The war in Iran is likely having negative effects on both restaurant demand and on supply, with rising operating costs (energy, commodities), partial closures and limited supply chain especially in Asia," Bernstein restaurant analyst Danilo Gargiulo said in a note on Friday. "On the demand side, the high-frequency data from early March appears to be showing industry slowdown, and we think it is reasonable to interpret that as incremental pressure on a low-income consumer who was already stretched and spends on gas disproportionately more as % of income." Since the start of Operation Epic Fury in late February, US gas prices have undergone their most violent upward swing in decades. The national average, which was a relatively stable $2.98 per gallon before the conflict with Iran, surged past the $3.90 mark by late March. [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