Starbucks Corporation (SBUX)
Pre-market:
| Previous close | 88.33 |
| Open | 87.63 |
| Bid | 88.43 x 200 |
| Ask | 88.59 x 500 |
| Day's range | 87.18 - 88.99 |
| 52-week range | 84.29 - 109.72 |
| Volume | |
| Avg. volume | 7,988,706 |
| Market cap | 100.233B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 23.66 |
| EPS (TTM) | 3.74 |
| Earnings date | 30 Jul 2024 - 05 Aug 2024 |
| Forward dividend & yield | 2.28 (2.58%) |
| Ex-dividend date | 16 May 2024 |
| 1y target est | 102.95 |
Yahoo FinanceStarbucks revises 2024 guidance, after badly missing its Q2 earnings estimates
Starbucks' decaf-like start to the year continues into the second quarter.
- Yahoo Finance Video
Starbucks stock sinks on earnings miss, same-store sales drop
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.
- GuruFocus.com
Starbucks Corp (SBUX) Q2 2024 Earnings Call Transcript Highlights: Navigating Economic ...
Amidst a challenging quarter, Starbucks outlines strategies for innovation and market expansion, focusing on customer value and operational efficiency.
