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Starbucks stock could percolate later in 2025 as the coffee chain brews better financial performances under new CEO Brian Niccol after a challenging 2024, longtime Starbucks watcher Peter Saleh said.
But despite holding that highly-coveted title, the coffee giant is facing its fair share of financial struggles in 2024.The company just released its latest quarterly earnings results, reporting ...
Starbucks' most recent quarter showed a 4% drop in global same-store sales as the company pulled back on discounts and consumers shunned the long lines at the chain. North America and US same ...
Starbucks missed the mark on sales again as it reported its numbers Tuesday after market close. Q3 revenue fell 1% to $9.1 billion, lower than expectations of $9.2 billion, per Bloomberg consensus ...
Starbucks' footprint in the United States, showing saturation of metropolitan areas. Some of the methods Starbucks has used to expand and maintain their dominant market position, including buying out competitors' leases, intentionally operating at a loss, and clustering several locations in a small geographical area (i.e., saturating the market), have been labeled anti-competitive by critics. [14]
Starbucks will need time to "brew a fresh pot," per Jefferies analyst Andy Barish.On Tuesday, before the market open, Barish downgraded shares of the coffee giant to Underperform and lowered his ...
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Starbucks' overall revenue is up 11% to nearly $9.4 billion, higher than the $9.28 billion expected from Wall Street, while adjusted earnings per share came in at $1.06, which also beat estimates ...