|Bid||118.85 x 800|
|Ask||119.02 x 800|
|Day's range||118.11 - 119.09|
|52-week range||74.94 - 126.32|
|Beta (5Y monthly)||0.88|
|PE ratio (TTM)||49.55|
|Earnings date||27 Oct 2021 - 01 Nov 2021|
|Forward dividend & yield||1.80 (1.52%)|
|Ex-dividend date||11 Aug 2021|
|1y target est||124.99|
For Starbucks (NASDAQ: SBUX), business is much stronger today than it was before the pandemic struck in early 2020. Sales are setting new records, and profit margins are expanding, the coffee giant announced in its fiscal third-quarter earnings report before raising its short-term outlook. CEO Kevin Johnson and his team discussed that bright growth outlook July 27 in a conference call with Wall Street analysts while cautioning about major risks ahead including new COVID-19 outbreaks and intense price inflation.
Starbucks (NASDAQ: SBUX) is in the middle of an epic growth rebound. Sure, soaring sales in recent months can be traced to collapsing demand in the year-ago period when social distancing was at its peak around the world. Revenue is up 10% in the core U.S. market when compared to 2019, meaning Starbucks is back to setting records.
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