Starbucks Stock News

Starbucks has raised prices twice in the last several months, but CEO Kevin Johnson told Yahoo Finance the company did it in a "very targeted way."

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The Seattle-based coffee chain is planning even more menu price hikes this year after previous increases last October and January.

Staffing levels, pandemic restrictions remain hurdles, company says; price increases aid margins

Starbucks hiked up menu prices on January 1 — and it''s planning to raise them again this year as costs spiral.

GOOG, AMD and GM rallied in pre-market trading on earnings news. Meanwhile, quarterly results put pressure on SBUX and MRCY.

Stock futures edge higher, paced by big tech gains; Google shares surge after blasting Q4 earnings, unveiling 20-for-1 spilt; AMD soars on robust 2022 chip demand outlook; PayPal disappoints with strategy shift, Ebay caution and Starbucks plans menu price increases to offset input costs and store closures.

Alphabet Explodes 7% Higher After Beating Estimates Across The Board, 20-For-One Stock Split Heading into today''s post-market earnings juggernaut, which includes EA, SBUX, PYPL, GM, and others, the one company investors were most focused on was Google, pardon Alphabet, the third largest US company by market cap As Bloomberg writes in its preview, investors will be laser focused on progress in Alphabet’s Google Cloud segment. The internet company’s cloud-computing unit is the No. 3 player in the U.S., behind Amazon Web Services and Microsoft’s Azure. But the far bigger question is whether Alphabet would continue the trend of earnings beats set last week with Microsoft and ahead of the coming earnings from Amazon and Facebook. The answer, at least judging by the stock''s kneejerk reaction which is 3.5% higher, was a solid yes. Here are the results: EPS $30.69 vs. $22.30 y/y, beating estimates of $27.35 Revenue $75.33 billion, +32% y/y, beating the estimate of $71.89 billion Revenue ex-TAC $61.

(Reuters) Starbucks Corp missed market estimates for quarterly same-store sales on Tuesday as rising COVID-19 infections during December and fresh curbs hampered a recovery in its fast-growing China market.

Starbucks Corporation (SBUX) reported global comparable store sales rose 13% during FQ1. Read more about Starbucks.

Starbucks (NASDAQ:SBUX) declares $0.49/share quarterly dividend, in line with previous.Forward yield 1.98%Payable Feb. 25; for shareholders of record Feb. 11; ex-div Feb.

Starbucks press release (SBUX): Q1 Non-GAAP EPS of $0.72 misses by $0.08.Revenue of $8.1B (+21.4% Y/Y) beats by $150M.Shares -2.6%.Q1 Comparable Store Sales Up 13% Globally; U.S. Up

SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended January 2, 2022. GAAP results in fiscal 2022 and fiscal 2021 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. “This holiday quarter delivered strong revenue growth highlighted by incredible customer demand for Starbucks. As we enter