|Bid||60.41 x 100|
|Ask||60.78 x 100|
|Day's range||59.65 - 60.51|
|52-week range||52.58 - 64.87|
|PE ratio (TTM)||30.66|
|Earnings date||25 Jan 2018|
|Forward dividend & yield||1.20 (1.99%)|
|1y target est||62.95|
For fiscal 2018, analysts expect Starbucks (SBUX) to post revenue of $24.57 billion, which represents growth of 9.8% from $22.39 billion in fiscal 2017. In the long run, Starbucks’s management expects its revenue growth to be in the high single digits, while its SSSG (same-store sales growth) is expected to be in the range of 3%–5%. Starbucks’s fiscal 2018 revenue growth is expected to be driven by the addition of new restaurants, positive SSSG, and growth in sales from the Channel Development segment.
In fiscal 2017, Starbucks (SBUX) posted revenue of $22.39 billion, which represents growth of 5.0% from its $21.32 billion in fiscal 2016. The revenue growth was driven by the addition of new restaurants, positive SSSG (same-store sales growth), and an increase in revenue from channel development and other segments. The revenue growth was driven by the addition of 768 new company-owned restaurants, which contributed $869 million.
Lost in the wave of publicity surrounding Wal-Mart Stores Inc.’s decision to raise its minimum wage to $11 an hour was perhaps an even bigger announcement: The company is instituting one of the most generous ...
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Mobile payments are exploding in the restaurant industry, making it more convenient than ever to order and pay for food. Here are three of the best ways to capitalize on this trend.
Restaurants had a tough year in 2017, but the tide began to turn toward the end of the year, and today Piper Jaffray's Nicole Miller Regan and Joshua Long argue that industry is still investable. For example, Regan and Long write that domestic, company-owned restaurants will benefit from lower tax rates, fuel growth for franchise owners, and should accelerate consolidation in the industry. As such, they expect investors to be willing to pay for performance, and see market share gains for McDonald's (MCD) , Dave & Buster's (PLAY), Starbucks (SBUX), Restaurant Brands (QSR), Shake Shack (SHAK) and Darden (DRI).
Digital offerings, successful product innovations and focus on China are helping Starbucks (SBUX) to counter tepid sales growth amid persistent decline in U.S. restaurant sales.
Shares of Starbucks, which have underperformed the S&P 500 by a substantial offer in 2017 amid scaled-back growth projections, have more to offer, according to Tigress Financial Partners’ Ivan Feinseth, who started coverage of the company with a “buy” rating on Wednesday. Here are four of the main reasons why: • Feinseth cheered Starbucks’ decisions to sell Tazo Tea to Unilever and shutter Teavana stores to focus on digital innovation, product innovation, and overseas expansion. • Digital technology can deepen customer ties through loyalty programs, ease ordering, and shorten lines, Feinseth wrote, as the company has been able to grow the My Starbucks Rewards program while driving more customers to its app for purchases.
Restaurants should get a boost from tax reform, but what else should we expect for 2018? Jefferies' Andy Barish and his team tackle that question today. Consumer spending picking up after very soft 3Q, and optimism about holiday sss driving upward move in stocks as we exit year.
The retail sector has been showing strength recently. In the past two weeks, retail has provided a fair amount of daily new highs.
Cars.com, Apple, Berkshire Hathaway and Dunkin’ Donuts are the companies to watch.
Starbucks Corp. has opened the company's first new store in Puerto Rico since Hurricane Maria struck the island in September. The new café, the 25th on the island, is at the Metropolitan University campus ...
Starbucks (SBUX) expects the store at Puerto Rico's Metropolitan University to be a busy place on the campus, while providing job opportunities to local students and contributing to the local economy.
The U.K. led growth in branded coffee shops in Europe for a third straight year amid an expansion of chains from Starbucks Corp. to Costa Coffee Ltd.