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

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

MCD Coffee is better

Star bucks milk spoiled

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

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.
Source: ExpressNews - 🏆 519. / 51 Read more »

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.
Source: PennLive - 🏆 463. / 53 Read more »

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......
Source: MarketWatch - 🏆 3. / 97 Read more »