Starbucks stock sees worst post-earnings performance since 2000

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 37 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Starbucks News

Quarter Earnings

Starbucks (SBUX) shares are sinking after disappointing second quarter earnings fell short of estimates. The beverage giant reported lower-than-expected...

The beverage giant reported lower-than-expected revenue, earnings, and same-store sales growth, leading the stock to plummet to its worst post-earnings performance since 2000.The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said.

"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."Posthaste: Capital gains tax hike will hit more Canadians than we thoughtThe Canadian dollar strengthened against its U.S.

Shopify and another tech firm that's innovating on the front of generative AI technology! The post My Top 2 Canadian AI Stocks to Buy in May appeared first on The Motley Fool Canada.Are you looking for growth? These three copper stocks have been on a tear, with even more predicted in 2024 -- even with just $200. The post 3 No-Brainer Copper Stocks to Buy With $200 Right Now appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The 2 'micro' companies powering the small-cap Russell 2000 this year: Chart of the WeekIndex concentration has been a running theme for well over a year, and it's not limited to the S&P 500's 'Magnificent Seven' stocks. The small-cap Russell...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »