SBUX News and Press, Starbucks Corporation From 05/23/24

2024-05-23 13:07:04 ET More on Starbucks Starbucks Passes The Greenblatt's Magic Formula Filter Starbucks: I Finally Bought This Coffee King Starbucks: Long-Term Tailwinds, But Choppy Near-Term Recovery - Hold Dividend picks by SA analysts: PFE, DVN, SBUX and...

2024-05-23 04:10:55 ET Summary Starbucks has a high return on tangible capital that improved last fiscal year and is higher than the ratio for the two preceding years. Investors today are purchasing SBUX stock at about a 33% discount as measured by the forward EBIT/EV ratio. T...

2024-05-22 09:14:14 ET Summary Starbucks is experiencing a major post-earnings pullback, with the stock dropping nearly 40% from its high. Dutch Brothers, a competitor, is selling at a higher valuation than Starbucks despite being less profitable. I would be more excited about the...

2024-05-22 05:30:00 ET Summary Matrix Asset Advisors is a registered investment advisor. The firm is 100% owned by its employees. Matrix is led by David A. Katz, CFA, a co-founder of Matrix, who created the firm’s investment valuation models. Matrix’s Large Cap Value...

Starbucks Corporation (Nasdaq: SBUX) today announced Rachel Ruggeri, executive vice president and chief financial officer, will host a fireside chat at the Deutsche Bank Global Consumer Conference in Paris on Wednesday, June 5, 2024, beginning at 8:30 a.m. CEST (2:30 a.m. Eastern Time). The f...

2024-05-21 15:51:18 ET Summary Near-term headwinds and consecutive downward revisions to guidance have contributed to recent stock price weakness. Although the long-term strategic plan is sound, it is expected to take time to yield results. In the immediate future, without a c...

2024-05-20 15:00:30 ET Summary MCD announced new long-term targets at the end of 2023, including restaurant expansion of 4-5% annually going forward. Traffic development is weak, while MCD increased prices faster than peers over the past decade. MCD expects comparable sales growth...

2024-05-19 08:32:02 ET Summary McDonald's is reintroducing a $5 happy meal to address its weakening consumer base that it noted when it released its first quarter results in late April. Those numbers came up somewhat short of expectations due to the weakening environment for much ...

2024-05-18 10:00:00 ET It has been a rough year for Starbucks (NASDAQ: SBUX) . The international coffee chain's stock is down around 20% year to date after posting weak traffic numbers and revenue growth for the first quarter. CEO Howard Schultz is giving confusing advice to the man...

2024-05-18 10:00:00 ET Summary Cisco Systems' Q3 earnings showed a slight increase in revenue and beat analysts' expectations on both the top and bottom lines. The company's product revenue declined during the quarter, but is expected to show growth with the recent close of their ...