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Stockreport

Starbucks (NASDAQ:SBUX) Misses Q1 Revenue Estimates, Stock Drops [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
It made a non-GAAP profit of $0.68 per share, down from its profit of $0.74 per share in the same quarter last year. Is now the time to buy Starbucks? Find out in our full research report Starbucks (SBUX) Q1 CY2024 Highlights: Revenue: $8.56 billion vs analyst estimates of $9.16 billion (6.5% miss) EPS (non-GAAP): $0.68 vs analyst expectations of $0.80 (15.2% miss) Gross Margin (GAAP): 25.6%, down from 26.2% in the same quarter last year Free Cash Flow of $629.9 million, down 64.8% from the previous quarter Same-Store Sales were down 4% year on year Store Locations: 38,951 at quarter end, increasing by 2,317 over the last 12 months Market Capitalization: $100 billion “In a highly challenged environment, this quarter's results do not reflect the power of our brand, our capabilities or the opportunities ahead,” commented Laxman Narasimhan, Chief Executive Officer. Started by three friends in Seattle's historic Pike Place Market, Starbucks (NASDAQ:SBUX) is a globall [Read more]

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Stockreport

Starbucks (NASDAQ:SBUX) Misses Q1 Revenue Estimates, Stock Drops [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
It made a non-GAAP profit of $0.68 per share, down from its profit of $0.74 per share in the same quarter last year. Is now the time to buy Starbucks? Find out in our full research report Starbucks (SBUX) Q1 CY2024 Highlights: Revenue: $8.56 billion vs analyst estimates of $9.16 billion (6.5% miss) EPS (non-GAAP): $0.68 vs analyst expectations of $0.80 (15.2% miss) Gross Margin (GAAP): 25.6%, down from 26.2% in the same quarter last year Free Cash Flow of $629.9 million, down 64.8% from the previous quarter Same-Store Sales were down 4% year on year Store Locations: 38,951 at quarter end, increasing by 2,317 over the last 12 months Market Capitalization: $100 billion “In a highly challenged environment, this quarter's results do not reflect the power of our brand, our capabilities or the opportunities ahead,” commented Laxman Narasimhan, Chief Executive Officer. Started by three friends in Seattle's historic Pike Place Market, Starbucks (NASDAQ:SBUX) is a globall [Read more]

IMPACT SNAPSHOT
EVENT TIME:
SBUX
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Max Down
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Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
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