Starbucks Corporation (SBUX) is slated to release fourth-quarter fiscal 2024 numbers on Oct. 30, after the closing bell. In the last reported quarter, the company's earnings met the Zacks Consensus Estimate. SBUX surpassed earnings estimates in one of the trailing four quarters, the average surprise being a negative 1.7%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. What the Zacks Model Unveils Our proven model does not conclusively predict an earnings beat for Starbucks this ti ...

Does Starbucks have the key to reignite growth and outperform the market?In this episode of the Motley Fool's CrunchTime series, Fool contributor Jason Hall analyzes Starbucks' (SBUX 0.17%) current challenges, including declining sales and operational issues, and discuss the company's potential for growth and turnaround under the leadership of Brian Nichol.*Stock prices used were from the morning of Oct. 25, 2024. The video was published on Oct. 28, 2024. ...

NEW YORK, Oct. 28, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Starbucks Corporation (NASDAQ: SBUX). Shareholders who purchased shares of SBUX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/starbucks-loss-submission-form/?id=109392&from=4 CLASS PERIOD: November 2, 2023 ...

The company preannounced very poor fiscal Q4 results.Starbucks' (SBUX 0.17%) problems did not suddenly go away when it named Brian Niccol as CEO, despite his track record at Chipotle Mexican Grill. That fact reared its ugly head when the company decided to release a snapshot of its poor quarterly results ahead of its actual earnings report.The stock initially reacted negatively before rallying to close the day slightly in positive territory. The market action shows that investors are willing to give Niccol ...

Sales and profits fell sharply in the fourth quarter. Here's what it means for the turnaround. Investors in Starbucks (SBUX 0.17%) knew that the arrival of Brian Niccol, the former star CEO of Chipotle, in the corner office wouldn't magically fix the business. Still, they were unprepared for how bad Starbucks' performance was in the fiscal fourth quarter, which ended Sept. 29. The coffee chain dumped its preliminary results on investors a week earlier, clearing the air before the full report next Wednesday. ...

NEW YORK, Oct. 26, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Starbucks Corporation (NASDAQ: SBUX) between November 2, 2023 and April 30, 2024, both dates inclusive (the "Class Period"), of the important October 28, 2024 lead plaintiff deadline. SO WHAT: If you purchased Starbucks securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangem ...

Starbucks has become a reliable stock for generating passive income. On Oct. 22, Starbucks (SBUX 0.17%) announced its 14th consecutive annual dividend increase, boosting the quarterly payout by 7% to $0.61 per share or $2.44 per share per year. Starbucks started as a growth stock but has since transformed into a highly reliable dividend stock with a forward yield of 2.6%. The dividend has become a core part of Starbucks' investment thesis. Like clockwork, investors have been able to count on annual raises e ...

Key Takeaways Starbucks reports fourth-quarter earnings after the market closes Wednesday, a week after it posted disappointing preliminary results and suspended its fiscal 2025 outlook. The company said suspending guidance would give it time to evaluate its business under new CEO Brian Niccol. Wednesday's report will be Niccol's first at the helm of the coffee giant since leaving Chipotle. Starbucks (SBUX) will report fourth-quarter earnings after the bell Wednesday, a week after the company released preli ...

Analysts on Wall Street project that Starbucks (SBUX) will announce quarterly earnings of $0.94 per share in its forthcoming report, representing a decline of 11.3% year over year. Revenues are projected to reach $9.08 billion, declining 3.1% from the same quarter last year.The current level reflects a downward revision of 9.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ove ...

Starbucks stock has been the better buy of late, but investors shouldn't assume that will remain the case over the long term.A change in CEO can have a significant impact on a company's growth strategy and a stock's overall trajectory. And that's what Starbucks (SBUX -0.51%) is hoping for, after luring away Brian Niccol from Chipotle Mexican Grill (CMG 0.71%) earlier this year. The company made great efforts to do so and is paying the executive a significant compensation package to help the coffee chain get ...