Starbucks Corp. (Nasdaq: SBUX) reported a 3 percent gain in same-store sales for the first quarter. But that fell short of analysts expectations of 3.7 percent same-store sales growth, according to CNBC. Shares of Starbucks were down 4.73 percent in after hours trading Thursday after closing at $61.30. SBUX is up 10.41 percent so far this year, according to Google Finance. Starbucks has a big employee education deal with Arizona State University.
Similar Stories to Starbucks Same-store Sales Fall Short Of Expectations on Bing News
Mike Sunnucks, Biz Journals
Thu, 04/27/2017 - 10:13pm
BING NEWS:
- Starbucks 'Pairings Menu' panned: 'Where's the meal?'
Starbucks' new "Pairings Menu" did not impress some consumers on X, who believed that the offerings were a poor value for the money. The "Pairings Menu" is limited time.
06/15/2024 - 7:03 am | View Link - Starbucks founder says Steve Jobs told him to fire executive team: 'He was right'
Three-time Starbucks CEO Howard Schultz recalled the moment that Steve Jobs told him to fire his entire executive team. Within six to nine months, most of them were gone, he said.
06/10/2024 - 8:52 am | View Link - Starbucks Partners With Food Delivery Platform Grubhub
Starbucks in April had cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggled with weak demand in the U.S. and China ...
06/5/2024 - 10:07 pm | View Link - Starbucks resumes union talks as company faces diminished traffic
The timing seems deliberate as it comes on the heels of a difficult quarter which saw same store sales down 3%, traffic down 7%, and a significant cut in FY24 global revenue growth and U.S ...
05/28/2024 - 7:01 am | View Link - In China, Starbucks tries to avoid price war but gets dragged into discounting
The stakes are high for Starbucks, which has come under growing pressure from investors recently due to weaker sales in its two biggest markets - the United States and China. While the Seattle ...
05/26/2024 - 7:28 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more