S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Retail

Starbucks’ Shares Fall After Solid Results (SBUX)

Photo of Paul Ausick
By Paul Ausick Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Coffee merchant Starbucks Corp. (NASDAQ: SBUX) must be wondering today what it needs to do to impress investors. For its second fiscal quarter, the company reported revenues of $3.2 billion and EPS of $0.40, both above consensus estimates.

The troubles are coming from Europe, where same-store sales fell -1%. The company is sending in two top US executives to turn around the European business, but currently has no timetable for improvement.

The company also raised its full-year EPS guidance to $1.81-$1.84. But the rise was below the previous consensus estimate of $1.86, adding to the woes that analysts saw in Europe.

Shares are down -5.4% at $57.37 in a 52-week range of $33.72-$62.00. Starbucks’ shares were up about 64% for the past 12 months before today’s decline.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick |

Starbucks Earnings Leave Investors Cold

Starbucks reported fiscal fourth-quarter and full-year 2014 results after markets closed Thursday.
Chris Lange |

Why This Analyst Sees Starbucks Stock Worth 20% More

Independent research firm Argus has detailed in a comprehensive report that Starbucks has a solid position going forward.
Starbucks Sinks on Flat Earnings
Chris Lange |

Starbucks Sinks on Flat Earnings

Starbucks Corp. (NASDAQ: SBUX) reported its fiscal first-quarter financial results after the markets closed on Thursday. The company posted $0.52…
Trey Thoelcke |

Facebook and Starbucks Tumble in Premarket Trading

Shares of Facebook Inc. (NASDAQ: FB) have tumbled about 12% in premarket trading. The social media giant said late Thursday…
Starbucks Fails to Impress Investors With Earnings Beat
Chris Lange |

Starbucks Fails to Impress Investors With Earnings Beat

Starbucks Corp. (NASDAQ: SBUX) reported its fiscal first quarter financial results after the markets closed on Thursday. The coffee giant…
5 Companies That Are Immune to Amazon’s Endless Expansion
Lee Jackson |

5 Companies That Are Immune to Amazon’s Endless Expansion

It surely has been remarkable to watch Amazon.com's massive growth and expansion. And the Amazon push into everything is leaving…
Chris Lange |

How International Growth Impacted Starbucks Earnings

Starbucks reported in-line fiscal first-quarter results Thursday after the markets closed.
How Beyond Meat Plans to Break Into China
Chris Lange |

How Beyond Meat Plans to Break Into China

Beyond Meat shares made a handy gain on Tuesday after it was reported that the company would be partnering with…
Earnings Previews: Ford, Starbucks, US Steel
Paul Ausick |

Earnings Previews: Ford, Starbucks, US Steel

In addition to the big tech firms reporting quarterly results after markets close Thursday, these three companies are also will…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618