SBUX has been in the news 776% more than usual
May 01, 2025, 4:32 AM
5.14%
What does SBUX do
Starbucks, headquartered in Seattle, employs 381,000 people and operates approximately 38,000 stores across 86 markets. The company has three segments: North America, International, and Channel Development, including various licensed products.
SBUX has been in the news recently: Starbucks reported weaker-than-expected earnings of 41 cents per share and a 1% decline in same-store sales as part of its turnaround strategy. Analysts had anticipated quarterly earnings of 48 cents per share and a revenue increase to $8.83 billion.
📡️ Consumer Discretionary
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