SBUX May 2024 82.000 put
| Previous close | 1.23 |
| Open | 7.32 |
| Bid | 6.95 |
| Ask | 8.15 |
| Strike | 82.00 |
| Expiry date | 2024-05-31 |
| Day's range | 7.32 - 7.69 |
| Contract range | N/A |
| Volume | |
| Open interest | 75 |
Yahoo FinanceStarbucks stock plunges 14% 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.
BloombergStarbucks Posts First Sales Drop Since 2020 During Global Pullback
(Bloomberg) -- Starbucks Corp. sales fell for the first time since 2020 as half-off deals and new lavender lattes weren’t enough to entice increasingly budget-conscious consumers.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerAmazon Posts Biggest Cloud Sales Growth in Year on AI DemandThe shares fell a
