Monday December 16, 2024, 07:00:00
By Mark Kalinowski
Some investors remain hopeful regarding the prospects for Starbucks’ shares, in the wake of the company’s hiring of highly-regarded Brian Niccol as its latest CEO. And, we continue to believe that Mr. Niccol has put forth a credible plan for improving Starbucks meaningfully over the long term. Indeed, investors in SBUX may be willing to grant Mr. Niccol quite a bit of time to fix what ails the company, even if short-term results stumble.
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Wednesday October 30, 2024, 18:29:32
By Mark Kalinowski
After Wednesday’s market close, Starbucks provided its full fiscal Q4 earnings release. Fiscal Q4 adjusted EPS of $0.80 was pre-announced eight days ago, as was a U.S. same-store sales decline of -6%, and a China same-store sales decrease of -14%:
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Tuesday October 22, 2024, 17:39:41
By Mark Kalinowski
After today’s (Tuesday’s) market close, Starbucks pre-announced fiscal Q4 (calendar Q3) results short of consensus. The full quarterly earnings release is still planned for after the market close on Wednesday, October 30th, with a conference call at 5:00 PM Eastern time that day. The company also announced that it suspends guidance as regards its fiscal 2025. Today’s release can be accessed at:
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