Daily Stocks News » SBUX

Starbucks Beats Q3 Estimates; Lifts FY 2013 Earnings Guidance, Shares Rally (SBUX)

Warren Paige — Sat, 27 Jul 2013 13:36:38 +0000

The world’s largest coffee chain, Starbucks Corporation (NASDAQ: SBUX) said on Friday that its fiscal third-quarter net income rose 25%, aided by robust growth in same-store sales, worldwide.

Shares of Starbucks rallied7.61% to $73.36 on Friday as both earnings and revenue edged past Wall Street’s expectations. The Company also lifted its full-year earnings guidance. [...]

Starbucks Shares Rise Sharply after Record Q1 Results (SBUX)

Warren Paige — Fri, 25 Jan 2013 15:15:32 +0000

Shares of Starbucks Corporation (NASDAQ: SBUX) have risen sharply in early trading today after the company posted record first-quarter financial results, driven by strong same-store sales. The company’s earnings for the quarter came in-line with Street estimates.

For the first quarter ended December 30, 2012, the Seattle-based company reported total net revenue of $3.8 [...]

Green Mountain Coffee Roasters Appoints New CEO (GMCR, SBUX, KO)

Warren Paige — Tue, 20 Nov 2012 15:00:12 +0000

Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) rallied on Tuesday after the company announced that it will appoint a new Chief Executive Officer.

Brian Kelley, who worked as a chief product supply officer for Coca-Cola Refreshments, the North American business unit of Coca-Cola Company (NYSE: KO) will be replacing Green Mountain’s Chief [...]

Starbucks Reports Q4 Results; Shares Rally (SBUX)

Warren Paige — Fri, 02 Nov 2012 17:00:33 +0000

Washington-based largest coffeehouse company in the world, Starbucks Corp. (NASDAQ: SBUX) reported results for the fourth quarter ended Sep 30, 2012.

Q4 2012 Highlights: SBUX’s revenues increased by 11% to $3,364.2 million from that of $3,031.9 million reported in the same period in the previous year. Operating income for the quarter increased drastically by [...]

Starbucks Corporation to Open its First High Street Stores in Scandinavia (SBUX)

Warren Paige — Thu, 27 Sep 2012 16:04:50 +0000

Washington-based largest coffeehouse company in the world, Starbucks Corp. (NASDAQ: SBUX) announced today that it is expanding its business into Scandinavia by opening its first high street stores in Norway and Sweden by 2013 through a strategic partnership with Umoe Restaurant Group AS, a leading chain restaurant company in Norway.

Umoe is already an [...]

Facebook Prices IPO at $38 a Share (FB)

Warren Paige — Fri, 18 May 2012 13:17:48 +0000

Social networking giant Facebook completed its much-awaited IPO after-market close on Thursday. The IPO has been priced at $38 a share, which is the high-end of the expected range of $34-$38 per share.

Facebook’s IPO is the largest Internet IPO ever. The social networking company raised around $16 billion in the IPO and has [...]