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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 (NASDAQ: SBUX) Q4 2024 Earnings Call ... as a statement on our long-term opportunity view or new store performance. In fact, we continue to see strong, highly incremental performance ...
The former Chipotle CEO — who officially took over at Starbucks on Sept. 9, 2024 — has a tall order this year in delivering growth to an anxious investor base expecting great things from the ...
In the previous quarter, Starbucks' US foot traffic dropped 7%, which "shocked a lot of people," BTIG analyst Peter Saleh told Yahoo Finance. Reaccelerating US traffic is "the key criteria for ...
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 ...
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 ...
Starbucks declined to make CEO Laxman Narasimhan available for an interview. Three times each week, I field insight-filled conversations with the biggest names in business and markets on my ...