Coffee retailer Starbucks (SBUX) has reported fourth-quarter earnings, beating estimates as global same-store sales rose by 8%. David Wagner, Aptus Capital Advisors CFA, Equity Analyst & Portfolio Man

Initial Claims Higher Than Expected

11:17am, Thursday, 02'nd Nov 2023
This being Thursday morning, we'd likely be seeing new Weekly Jobless Claims figures, even if it weren't “Jobs Week.” And even though it is, we still do: Initial Jobless Claims climbed to 217K l
Starbucks Corp   (NASDAQ:SBUX) announced better-than-expected fiscal fourth-quarter results, as consumers struggling with high inflation sought "affordable luxuries" in its coffee offerings.
Starbucks (SBUX) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.81 per share a year ago.
CNBC's Andrew Ross Sorkin reports on the company's quarterly earnings results.
Starbucks Corp.'s stock SBUX, -0.96% soared 7% in premarket trade Thursday, after the coffee store chain posted better-than-expected earnings for its fiscal fourth quarter. The company had net income
Starbucks stock surges after the coffee chain posts stronger-than-expected fiscal fourth-quarter sales and earnings.
Shares of Starbucks have fallen about 8% this year, dragging the company's market value down to $104 billion.
The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain's upcoming meeting. This week marks Starbucks' investor day, the first such event since Laxman Narasimhan

Should You Buy Starbucks (SBUX) Ahead of Earnings?

09:46am, Wednesday, 01'st Nov 2023
Starbucks (SBUX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
We expect SBUX stock to trade higher with revenues and earnings beating expectations slightly in its fourth-quarter results.
Starbucks' (SBUX) fourth-quarter fiscal 2023 results are likely to reflect robust comparable sales growth.
Now that the American consumer is worried more and more about stretching each dollar further and further, there will likely be an exciting divide within the most significant consumer discretionary sto
Mid-October near-term highs have given way to lower trading levels for the most part in the past couple weeks.
Starbucks has closed several storefronts in Manhattan, opened up larger stores, and has begun to expand in the Hudson Valley, which has seen a population spurt.
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