Starbucks Reports Q2 Fiscal 2024 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Starbucks (SBUX) PT Lowered to $85 at UBS
May 1, 2024 5:46 AM EDTUBS analyst Dennis Geiger lowered the price target on Starbucks (NASDAQ: SBUX) to $85.00 (from $95.00) while maintaining a Neutral rating.
The analyst comments "Pressured F2Q results included depressed global sss and margin & earnings downside, while SBUX highlighted strategic plans to support an improved sales... More
Starbucks (SBUX) PT Lowered to $100 at BTIG
May 1, 2024 5:43 AM EDTBTIG analyst Peter Saleh lowered the price target on Starbucks (NASDAQ: SBUX) to $100.00 (from $115.00) while maintaining a Buy rating.
The analyst comments "Starbucks posted the weakest quarter in recent history with traffic plummeting as the occasional, more value-oriented customer retreated.... More
Starbucks (SBUX) PT Lowered to $92 at Evercore ISI
May 1, 2024 4:59 AM EDTEvercore ISI analyst David Palmer lowered the price target on Starbucks (NASDAQ: SBUX) to $92.00 (from $120.00) while maintaining a Outperform rating.
The analyst comments "Significantly reducing our SSS and EPS estimates... Following F2Q earnings, we are cutting our FY24e EPS from $4.02 to $3.59... More
Starbucks (SBUX) Misses Q2 EPS by 12c
April 30, 2024 4:06 PM EDTStarbucks (NASDAQ: SBUX) reported Q2 EPS of $0.68, $0.12 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $8.6 billion versus the consensus estimate of $9.13 billion.
Global comparable store sales declined 4%, driven by a 6% decline in comparable transactions, partially offset... More