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Starbucks (SBUX) Shares Slide After Earnings

01:43pm, Wednesday, 01'st May 2024
"This quarter's results do not reflect the power of our brand," says Laxman Narasimhan, CEO of Starbucks. The chart picture for SBUX certainly got a jolt after a huge downward move after earnings.
Starbucks Corp. worse-than-expected quarter and grim predictions for the year brewed a mix of discontent and hope on Wall Street, with the poor showing leading to rare stock downgrades for the retaile
Jim Cramer seems to have lost conviction in Laxman Narasimhan – the chief executive of Starbucks Corp (NASDAQ: SBUX) after a “terrible” quarter the coffee giant reported last night.
Starbucks' (SBUX) second-quarter fiscal 2024 results fall due to a decline in occasional customers, shifts in holiday patterns and heightened promotional activity.
Starbucks (SBUX) stock plummeted in its worst intra-day move since 2020 following disappointing second quarter guidance that fell short of Wall Street's expectations. Starbucks CFO Rachel Ruggeri tell
Starbucks (SBUX) falls after earnings miss and disappointing guidance. Renita Young discusses this as William Blair downgrades the stock and notes that the tide has turned quickly after healthy demand
CNBC's Jim Cramer shares his thoughts on Starbucks following his interview with company CEO Laxman Narasimhan.
Starbucks (NASDAQ: SBUX ) shares fell hard overnight after earnings missed estimates and the company cut its forecast for the year. Net income of $772.4 million, or 68 cents per share, came in down fr

Starbucks Eyes Worst Day Since 2020 After Earnings

10:38am, Wednesday, 01'st May 2024
Starbucks Corp (NASDAQ:SBUX) stock is down 14.7% to trade at $75.48 at last check, after the coffee chain announced a fiscal second-quarter earnings and revenue miss, and cut its 2024 profit and sal
Starbucks shares plunged 15% in early trading Wednesday after the Seattle-based java giant reported weaker-than-expected quarterly earnings and warned that its cafes will continue to underperform in 2
Stocks, which were down all-day Tuesday, saw accelerated selling into the close. When the day finally came to an end, the S&P 500 was down 1.6% and the Nasdaq Composite was off 2%. The selloff was wid
Starbucks (SBUX) posted quarterly earnings and revenue that came up short of Wall Street expectations amid an unexpected decline in both U.S. and international same store sales, news that sent the cof

Will Starbucks Workers Cost Too Much?

06:35am, Wednesday, 01'st May 2024
Starbucks Corp. (NASDAQ: SBUX) posted poor quarterly results, and its stock fell.
As war between Israel and Hamas broke out, several companies were publicly targeted as financial supporters for the Israeli side, with Starbucks (NASDAQ: SBUX) being one of them.
Starbucks Corporation (NASDAQ:SBUX ) Q2 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Tiffany Willis - VP of IR Laxman Narasimhan - CEO Rachel Ruggeri - EVP and CFO Brad
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