Starbucks Corporation is a global coffeehouse chain that specializes in the production and retail of high-quality coffee beverages, teas, and a variety of food items
Founded in Seattle, the company has expanded its presence worldwide, creating a distinctive café experience characterized by its inviting ambiance and commitment to customer service. Starbucks is also known for its commitment to sustainability, ethically sourcing its coffee beans, and engaging in various community initiatives. In addition to traditional store locations, the company has developed a robust digital platform for mobile orders and a loyalty rewards program, enhancing customer convenience and fostering brand loyalty.
Shares of coffeehouse chain Starbucks (NASDAQSBUX)
jumped 6.8% in the morning session after the company reported impressive fourth-quarter (FQ1 2025) results. Same-store sales outperformed Wall Street's estimates, leading to beats on the revenue and EPS lines. However, this is the fourth straight quarter of negative same-store sales, and new CEO Brian Niccol is trying to turn around the business with his "Back to Starbucks" strategy. Zooming out, we think this was still a solid quarter despite another negative same-store sales print.
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Coffeehouse chain Starbucks (NASDAQSBUX) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales were flat year on year at $9.40 billion. Its GAAP profit of $0.69 per share was 3.7% above analysts’ consensus estimates.
Starbucks Corp (NASDAQSBUX) shares are trading higher Wednesday on the heels of the company's fiscal first-quarter results. Multiple analysts lifted price targets following the print. Here's what you need to know.
Starbucks Corp reports financial results for the first quarter after the market close on Tuesday. Here's a look at what's been brewing at Starbucks over the past few months.
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