Starbucks is about to report earnings. Here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Shares of Starbucks have fallen 27% this year, dragging its market value down to $98.37 billion.

Here's what Wall Street analysts surveyed by Refinitiv are expecting:suspended its fiscal 2022 outlook

last quarter, citing the uncertainty caused by Covid lockdowns in China, the company's second-largest market. This quarter, analysts are expecting Starbucks' international same-store sales to drop 14.5%, according to StreetAccount estimates. But Wall Street has more upbeat projections for the company's home market, which is expected to report strong same-store sales growth. Still, CEO Howard Schultz will likely face questions about how the chain expects to fare if consumer spending slows down. Restaurant chains like

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

MCD Coffee is better

Star bucks milk spoiled

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Earnings roundup: Rush Enterprises, Tesla, AT&T and others report results. Here’s what you need to knowHere is a weekly summary of the latest financial reports from companies of local interest.
La source: ExpressNews - 🏆 519. / 51 Lire la suite »

BP reports its earnings tripled from rising gas, oil pricesThe good news for BP shareholders was bad news for consumers as soaring energy prices contribute to the cost-of-living crisis in Britain and around the world. Thank you for your service, bp.
La source: PennLive - 🏆 463. / 53 Lire la suite »

Pinterest stock jumps more than 20% after earnings miss, Elliott confirms stake and users stick aroundPinterest shares surged in extended trading after the initial reports on Elliott buying in, as investors bet on the activist forcing change at the company, or potentially reviving reported merger talks with PayPal. Elliot buying Suncor , PayPal then Pinterest......
La source: MarketWatch - 🏆 3. / 97 Lire la suite »