Starbucks, caught in a hard place between sugar and caffeine, slumps again
Starbucks (SBUX) today pulled revenue and earnings guidance for 2025 after fiscal forth quarter sales fell. It is the third consecutive quarterly sales decline.
SBUX
Starbucks $3 billion loss and big shift in post-coronavirus business model
Today, June 10, Starbucks (SBUX) CEO Kevin Johnson wrote in an open letter to customers and investors that the company expects to lose more than $3 billion in revenue in its fiscal third quarter, which ends on June 28, due to the coronavirus pandemic. (The company...
Starbucks disappoints in quarter but recovery in 2018 is on track
Blame it on Christmas Tree Frappuccino. On Thursday, January 25, after the market close Starbucks (SBUX) reported December (fiscal 2018 first quarter) earnings of 58 cents a share (excluding one-time tax benefits.) The results were ugly on the revenue side where the...
On the sixth day of Christmas my stock pick is Starbucks–and six geese a laying
2017 wasn’t a great year for the shares of Starbucks (SBUX). The stock is up just 3.8% in the last year. Shares peaked at $64.57 on June 2, 2017 and then plummeted to $52.70 on August 18. They closed today, January 2, at $57.63. But 2018 looks a lot better. So much better that I’m making Starbucks my sixth pick in my 12 days of Christmas stock picks
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