SBUX Jan 2026 110.000 call
| Previous close | 6.10 |
| Open | 6.10 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 110.00 |
| Expiry date | 2026-01-16 |
| Day's range | 6.10 - 6.10 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.45k |
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.
ReutersStarbucks shares tumble as China, US demand slowdown clouds outlook
Several quarters of price hikes have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note. The company expects its full-year comparable sales — both globally and in the U.S. — to be in the range of a low single-digit decline to flat, compared with its previous range of 4% to 6% growth.
