SBUX Jul 2024 55.000 put
| Previous close | 0.0800 |
| Open | 0.0200 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 55.00 |
| Expiry date | 2024-07-19 |
| Day's range | 0.0200 - 0.0800 |
| Contract range | N/A |
| Volume | |
| Open interest | 30 |
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.
CNN BusinessStarbucks just had a ‘disappointing’ quarter. Here’s how it plans to turn things around
Starbucks is brewing a turnaround plan that involves speedier service and expanding the number of promotions after its most recent quarter was “disappointing,” in the words of its own chief executive.
