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STARBUCKS-T (4337.HK)

HKSE - HKSE Delayed price. Currency in HKD
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50.000+50.000 (-)
At close: 02:59PM HKT
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52-week range58.000 - 58.000
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  • Yahoo Finance Video

    WK Kellogg Q1 takeaways: Consumers avoiding big food brands

    WK Kellogg (KLG) posted its first-quarter earnings report revealing the food manufacturer's results were largely in line with analyst expectations, especially in its bottom-line gains of $0.37 per share. The company also shared that net sales for the quarter fell 2% from a year ago while its volume fell by 7%, suggesting consumers are pulling back. Yahoo Finance's Seana Smith joins Wealth! to break down the latest development for WK Kellogg, tying back the cereal maker's performance to comments on the US consumer made by top executives of other premier food brands, including Kellanova (K) CEO Steve Cahillane, Mondelēz (MDLZ) CEO Dirk Van de Put, and Starbucks (SBUX) CFO Rachel Ruggeri. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

  • Simply Wall St.

    At US$72.90, Is It Time To Put Starbucks Corporation (NASDAQ:SBUX) On Your Watch List?

    Let's talk about the popular Starbucks Corporation ( NASDAQ:SBUX ). The company's shares saw significant share price...

  • Yahoo Finance Video

    Former Starbucks CEO says company's fix 'needs to begin at home'

    Starbucks (SBUX) saw its worst post-earnings performance since 2000 last week after its second quarter earnings fell short of Wall Street's estimates. Following the disappointing results, former CEO Howard Schultz wrote on LinkedIn, "The company's fix needs to begin at home," pointing to US operations as "the primary reason for the company's fall from grace." Yahoo Finance Senior Reporter Brooke DiPalma breaks down how both Schultz and the Street are losing confidence in the beverage giant. All eyes are on Starbucks' pricing strategy as sales struggle. CFO Rachel Ruggeri told Yahoo Finance that the company has no plans to lower its prices despite analysts' skepticism that Starbucks will be able to successfully course-correct. The company pointed to initiatives like menu innovation and in-app offerings to get consumers back in stores; however, DiPalma warns, "many are skeptical that this is just not enough." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl