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Stockreport

It's been a bad month for Starbucks. Ex-CEO Howard Schultz agrees [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
experiences what current CEO Laxman Laxman Narasimhan calls "a highly challenged environment." Starbucks also reported its first quarterly sales decline since 2020, as well as lower-than-expected earnings and same-store sales growth. Amid the early days of the pandemic, economic experts predicted that it would be a tough road to sustained profitability for coffee chains as many purchases were baked into customers' commutes; this became especially true once the number of people primarily working from home tripled from roughly 9 million to over 27 million. However, Starbucks is facing several additional complicating factors that seem to be reflected in this quarter's numbers: boycotts, new competitors and, perhaps the most influential, a public comment from ex-CEO Howard Schultz indicating he wasn't confident in the chain's current strategy and leadership. As the Washington Post reported in early March, Starbucks became embroiled in boycott calls on TikTok after it sued Workers Un [Read more]

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Stockreport

It's been a bad month for Starbucks. Ex-CEO Howard Schultz agrees [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
experiences what current CEO Laxman Laxman Narasimhan calls "a highly challenged environment." Starbucks also reported its first quarterly sales decline since 2020, as well as lower-than-expected earnings and same-store sales growth. Amid the early days of the pandemic, economic experts predicted that it would be a tough road to sustained profitability for coffee chains as many purchases were baked into customers' commutes; this became especially true once the number of people primarily working from home tripled from roughly 9 million to over 27 million. However, Starbucks is facing several additional complicating factors that seem to be reflected in this quarter's numbers: boycotts, new competitors and, perhaps the most influential, a public comment from ex-CEO Howard Schultz indicating he wasn't confident in the chain's current strategy and leadership. As the Washington Post reported in early March, Starbucks became embroiled in boycott calls on TikTok after it sued Workers Un [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