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Starbucks

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Reuters - 27 minuten geleden

Starbucks Corp <SBUX.OQ> expected to post earnings of 93 cents a share - Earnings Preview

Starbucks Corp expected to post earnings of 93 cents a share - Earnings Preview Starbucks Corp SBUX.OQ SBUX.O is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The Seattle Washington-based company is expected to report a 0.8% increase in revenue to $9.242 billion from $9.17 billion a year ago, according to the mean estimate from 23 analysts, based on LSEG data.
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Reuters - 5 uur geleden

Starbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports

UPDATE 3-Starbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports Adds Starbucks comment in paragraph 4 July 26 (Reuters) - Former Starbucks SBUX.O chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times reported on Friday.
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Reuters - 5 uur geleden

Starbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports

Starbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports July 26 (Reuters) - Former Starbucks SBUX.O chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times reported on Friday. Reporting by Granth Vanaik in Bengaluru;
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Reuters - 5 uur geleden

Howard Schultz Opposes Starbucks Settlement With Activist Investor Elliott- FT

BRIEF-Howard Schultz Opposes Starbucks Settlement With Activist Investor Elliott- FT July 26 (Reuters) - HOWARD SCHULTZ OPPOSES STARBUCKS SETTLEMENT WITH ACTIVIST INVESTOR ELLIOTT- FT Source text : https://tinyurl.com/2azoq6gw Further company coverage: SBUX.O
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Reuters - 8 uur geleden

What to Watch in the Week Ahead and on Monday, July 29

What to Watch in the Week Ahead and on Monday, July 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY McDonald's is expected to post a smaller growth in second-quarter revenue as customers cut back on dining out amid persistent inflation.
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Reuters - 2 dagen geleden

US fast-food chains' bets on value meal set to face investor scrutiny

PREVIEW-US fast-food chains' bets on value meal set to face investor scrutiny By Savyata Mishra and Juveria Tabassum July 25 (Reuters) - The performance of McDonald's and other fast food chains' value meal launches will be closely watched when the U.S. restaurants report quarterly results over the next few weeks. McDonald's MCD.N , Burger King and other chains have been scrambling to improve traffic as soaring menu prices put off diners , especially from the lower-income group.
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Reuters - 2 dagen geleden

Starbucks operator Alsea may 'adjust' 2024 guidance, Visor says

UPDATE 1-Starbucks operator Alsea may 'adjust' 2024 guidance, Visor says Adds details from call, analysts and share move MEXICO CITY, July 24 (Reuters) - Fast-food chain operator Alsea ALSEA.MX on Wednesday warned it could adjust its guidance for 2024, due to a more challenging macro-economic environment and unfavorable foreign exchange, according to outlet Visor Financiero.
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Reuters - 2 dagen geleden

Starbucks operator Alsea may 'adjust' 2024 guidance -Visor

Starbucks operator Alsea may 'adjust' 2024 guidance -Visor MEXICO CITY, July 24 (Reuters) - Fast-food chain operator Alsea ALSEA.MX on Wednesday warned it could adjust its guidance for 2024, due to a more challenging macro-economic environment and unfavorable foreign exchange, according to outlet Visor Financiero. Alsea, which late on Tuesday posted a 68% dip in quarterly net profit, also warned in a call with analysts of a slowdown of business in Europe, Visor said, citing a boycott against Sta
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Reuters - 3 dagen geleden

Mexico's Alsea posts 68% slide in Q2 profit on financial costs, exchange rate effect

UPDATE 2-Mexico's Alsea posts 68% slide in Q2 profit on financial costs, exchange rate effect Adds reasons in paragraph 1, financial costs in paragraph 4, sales details in paragraphs 5-9, CEO quote in paragraph 10 MEXICO CITY, July 23 (Reuters) - Fast-food chain operator Alsea ALSEA.MX posted a 68.4% fall in its second-quarter net profit year-on-year on Tuesday, w eighed by higher financial costs and exchange rate effects , the company said in a filing to Mexico's stock exchange.
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Reuters - 3 dagen geleden

Restaurant operator Alsea posts 68% slide in second-quarter profit

Restaurant operator Alsea posts 68% slide in second-quarter profit MEXICO CITY, July 23 (Reuters) - Fast-food chain operator Alsea ALSEA.MX posted a 68% fall in its second-quarter net profit on Tuesday, while revenues ticked up 1.6% to 19.25 billion pesos. Reporting by Brendan O'Boyle and Kylie Madry; Writing by Sarah Morland
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Reuters - 4 dagen geleden

Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Lam Research Corp LRCX.OQ +6.5% ON Semiconductor Corp ON.OQ +6.2% Applied Materials Inc AMAT.OQ +6.2% KLA Corp KLAC.OQ +6.0% Tesla Inc TSLA.OQ +5.4% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -13.3% Starbucks Corp SBUX.OQ -3.5% T-Mobile US Inc TMUS.OQ -2.7% Comcast Corp CMCSA.OQ -2.1% Warner Bros Discovery Inc WBD.OQ -2.0% The Nasdaq 100 .NDX gained 320.37 p
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Reuters - 4 dagen geleden

S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change IQVIA Holdings Inc IQV.N +7.7% Lam Research Corp LRCX.OQ +6% ON Semiconductor Corp ON.OQ +5.9% Applied Materials Inc AMAT.OQ +5.8% KLA Corp KLAC.OQ +5.5% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -13.2% Verizon
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Reuters - 4 dagen geleden

U.S. STOCKS Walt Disney, Mattel, Tellurian

BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Mattel, Tellurian Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq recouped some of the previous week's losses on Monday, as investors reexamined the chances of a second presidential term for Republican nominee Donald Trump after U.S.
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Reuters - 4 dagen geleden

Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change ON Semiconductor Corp ON.OQ +4.8% Lam Research Corp LRCX.OQ +4.2% ASML Holding NV ASML.OQ +4.1% Applied Materials Inc AMAT.OQ +4.0% KLA Corp KLAC.OQ +3.9% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -12.9% Warner Bros Discovery Inc WBD.OQ -4.3% Starbucks Corp SBUX.OQ -3.1% Charter Communications Inc CHTR.OQ -2.9% Comcast Corp CMCSA.OQ -2.4% The Nasdaq 100 .ND
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Reuters - 4 dagen geleden

S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change IQVIA Holdings Inc IQV.N +6.6% ON Semiconductor Corp ON.OQ +4.7% Lam Research Corp LRCX.OQ +4.2% Applied Materials Inc AMAT.OQ +3.9% KLA Corp KLAC.OQ +3.9% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -13.0% Verizo
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Reuters - 4 dagen geleden

U.S. STOCKS Verizon Communications, Reddit, Starbucks

BUZZ-U.S. STOCKS ON THE MOVE-Verizon Communications, Reddit, Starbucks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street rose on Monday, regaining some ground after the previous week's declines as investors assessed the odds of a second term for Republican nominee Donald Trump in the November election after President Joe Biden withdrew from the race.
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Reuters - 1 week geleden

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Starbucks, Panera Brands, updates Ecopetrol July 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1920 GMT on Friday: * * Activist investor Elliott Investment Management has built a sizeable stake in Starbucks SBUX.O , a source told Reuters. nL4N3JB1WN ** Panera Brands is exploring a sale of Caribou Coffee and Einstein Bros Bagels, as well as its other bagel brands, in a deal that could value the restaurant cha
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Reuters - 1 week geleden

Starbucks shares brew up after activist investor Elliott builds sizeable stake

BUZZ-Starbucks shares brew up after activist investor Elliott builds sizeable stake ** Shares of coffee chain Starbucks SBUX.O up 6.1% at $78.74 in afternoon trading ** Activist investor Elliott Investment Management builds a sizeable stake in SBUX, a source told Reuters ** The Wall Street Journal reported first on the development saying Elliott ha
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Reuters - 1 week geleden

Activist investor Elliott builds sizeable stake in Starbucks, say sources

UPDATE 2-Activist investor Elliott builds sizeable stake in Starbucks, say sources Adds information on Starbucks stock, earnings, history with CEO, details on Elliott; new throughout By Svea Herbst-Bayliss July 19 (Reuters) - A ctivist investor Elliott Investment Management has built a sizable position in Starbucks SBUX.O and has been discussing ways of improving the coffee chain's stock performance, two sources familiar with the matter told Reuters on Friday.
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Reuters - 1 week geleden

Activist investor Elliott builds sizeable stake in Starbucks, WSJ reports

Activist investor Elliott builds sizeable stake in Starbucks, WSJ reports July 19 (Reuters) - Activist investor Elliott Investment has built a sizeable stake in coffee chain Starbucks SBUX.O , the Wall Street Journal reported on Friday, citing people familiar with the matter. Reporting by Granth Vanaik in Bengaluru; Editing by Shailesh Kuber
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