Starbucks Corp SBUX is brewing up big changes ahead of its first-quarter earnings.
The days of hanging out at Starbucks without purchasing anything are apparently over. Beginning Monday (Jan. 27), the coffee chain is rolling out new policies that define customers as people who buy beverages or food.
Starbucks (SBUX) is expected to report fiscal first-quarter results after the market closes Tuesday, with analysts calling for revenue and earnings to fall year-over-year.
Starbucks (NASDAQ: SBUX) CEO Brian Niccol has only been with the company since September 9 of last year.
The latest trading day saw Starbucks (SBUX) settling at $98.81, representing a +0.84% change from its previous close.
SBUX's fiscal first-quarter performance is likely to have benefited from the rollout of the Siren Craft System, store expansions and diversified menu offerings.
Beyond analysts' top -and-bottom-line estimates for Starbucks (SBUX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Zacks.com users have recently been watching Starbucks (SBUX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Starbucks faces significant headwinds, including labor inflation, competition, and high input costs, impacting its financial performance and stock price. Former Chipotle CEO Brian Niccol aims to simplify the menu and improve customer experience, targeting a more local coffee shop feel. Fiscal Q4 results showed declining revenues and EPS, with global comparable store sales expected to continue falling in Q1.
Starbucks (SBUX 3.16%) is plagued with operational difficulties as sales are declining.
Starbucks (SBUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In a letter with ominous undertones, Starbucks (NASDAQ: SBUX) CEO Brian Niccol wrote, “Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work.