Previous Close | 8,052.50 |
Open | 8,093.00 |
Bid | 8,055.00 x N/A |
Ask | 8,110.00 x N/A |
Day's Range | 8,000.00 - 8,120.50 |
52 Week Range | 7,371.50 - 32,600.00 |
Volume | |
Avg. Volume | 4,079 |
Market Cap | 87.97T |
Beta (5Y Monthly) | 0.97 |
PE Ratio (TTM) | 2.47 |
EPS (TTM) | 3,274.15 |
Earnings Date | N/A |
Forward Dividend & Yield | 162.12 (2.01%) |
Ex-Dividend Date | May 16, 2024 |
1y Target Est | N/A |
Starbucks' decaf-like start to the year continues into the second quarter.
Starbucks (SBUX) reported disappointing second quarter results. Adjusted earnings per share of $0.68 fell short of the Street's $0.80 estimate. Net revenue of $8.56 billion missed expectations of $9.13 billion. The company reported a same-store sales decline of 4%, a 1.46% rise had been expected. In China, same-store sales fell 11% versus an expected decline of 1.62%. US same-store sales fell 3% compared to an expected gain of 2.31%. Yahoo Finance's Julie Hyman and Josh Lipton break down the coffee chain's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
(Bloomberg) -- Starbucks Corp. posted its first sales decline in more than three years, as customers cut their spending despite half-off deals and new drinks on its menu.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterShares fel