Starbucks Stinks

07:30am, Wednesday, 02'nd Aug 2023
What does Wall Street think about Starbucks Corp. (NASDAQ: SBUX) earnings and new CEO Laxman Narasimhan?

5 Things to Know Before Markets Open

07:15am, Wednesday, 02'nd Aug 2023
Fitch downgrades the U.S. credit rating over recent debt-ceiling standoffs and AMD shares rise after its earnings report highlights its AI products. Here's what investors need to know today.
Shares of Advanced Micro Devices Inc. rose 1% after the chipmaker beat on earnings, and a forecast a bounce back in its PC chip business.
Although the revenue and EPS for Starbucks (SBUX) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street
The S&P 500 seemed to be showing some resistance of higher valuation levels after good economic news last week but still-uncertain jobs figures which come out starting Wednesday morning.

Starbucks' sales in China come roaring back

07:06pm, Tuesday, 01'st Aug 2023
Starbucks' China business is back after dropping due to Covid restrictions last year.
The coffee chain's sales in China jumped more than 46%, while U.S. sales were driven in part by rising prices. Starbucks reported record revenue in its fiscal third quarter as its China business roare

Starbucks (SBUX) Beats Q3 Earnings Estimates

06:40pm, Tuesday, 01'st Aug 2023
Starbucks (SBUX) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.84 per share a year ago.
Yahoo Finance anchors Seana Smith and Akiko Fujita break down Q3 earnings for Starbucks.
Coffee giant Starbucks on Tuesday announced record quarterly sales fueled by a strong recovery in China, but still missed analyst estimates as demand fell short in the U.S.

Starbucks Sales Fall Short of Estimates

05:00pm, Tuesday, 01'st Aug 2023
Starbucks comparable sales rose 10% in three months through July 2 from the prior year, trailing the average estimate of analysts polled by Bloomberg. Michael Halen has more on "Bloomberg Markets: The
Shares of Starbucks Corp. fell after hours Tuesday after the coffee chain reported third-quarter same-store sales that missed expectations, despite a big rebound in China.
Starbucks reported fiscal third-quarter earnings that surpassed Street expectations but revenue and same-store sales disappointed.  The coffee titan posted revenue of $9.17 billion, up 12% year-over-
Starbucks stock has risen just 1.5% this year, giving the company a market value of $115 billion.
Starbucks is on track to impress investors with its fiscal third quarter 2023 earnings, with year-over-year growth on the top and bottom lines expected to be driven by a rebound in sales in China foll
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