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Starbucks Corporation (SBUX)
After hours:
| Previous close | 88.49 |
| Open | 75.84 |
| Bid | 74.41 x 600 |
| Ask | 74.66 x 1600 |
| Day's range | 72.67 - 76.99 |
| 52-week range | 72.67 - 108.12 |
| Volume | |
| Avg. volume | 8,898,549 |
| Market cap | 84.318B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 19.90 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.28 (2.58%) |
| Ex-dividend date | 16 May 2024 |
| 1y target est | N/A |
- Yahoo Finance
Starbucks CFO says there are no plans to lower prices, but Wall Street is skeptical of its 2024 plans
The company is planning to introduce new menu items, loyalty offerings, and more, but it likely falls short of what's needed for a turnaround.
- Yahoo Finance Video
Starbucks stock drops on revised full-year guidance, Q2 miss
Shares of Starbucks (SBUX) are dropping fast in pre-market trading, carrying its stock losses into Wednesday's session. The chain posted its fiscal second-quarter results on Tuesday, disappointing Wall Street after missing out on revenue and same-store sales expectations. In addition, the coffee giant revised its full-year guidance citing a challenging environment. Yahoo Finance Retail Reporter Brooke DiPalma joins Wealth! to break down Starbucks' recent performance, its declining same-store sales in consumer markets around the world, and how it impacts consumers directly. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written and updated by Nicholas Jacobino
- Yahoo Finance Video
Fed decision, Amazon earnings, Starbucks sales: 3 Things
US stocks (^DJI, ^IXIC, ^GSPC) saw their worst monthly performance of this year in April ahead of the Federal Reserve's next interest rate policy decision on Wednesday afternoon. The market is under pressure this morning as equities search for clarity in the Fed's messaging for future FOMC meetings. Amazon (AMZN) posted stellar first-quarter earnings results boosted by its AI and AWS cloud segments. Lastly, Starbucks (SBUX) stock tumbles in Wednesday pre-market trading after the coffee chain missed first-quarter earnings estimates and revealed declining same-store sales figures. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
