Starbucks Corporation

SBUX

US8552441094

Restaurants & Bars

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Starbucks Corporation Reports Global Comparable Store Sales Results for the First Quarter of 2014

January 23, 2014 at 04:33 pm

Starbucks Corporation reported global comparable store sales results for the first quarter of 2014. The company reports global comparable store sales growth of 5%.

Latest news about Starbucks Corporation

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Starbucks Corporation specializes in owning and operating coffee shops. The group also develops a coffee roasting activity. Net sales break down by source of revenue as follows: - sales within company-operated coffee shops (81.9%): as of October 1st, 2023, owned a network of 19,592 coffee shops under the Starbucks Coffee®, Teavana®, Ethos®, Starbucks Reserve® and Princi® brands; - sales within licensed stores (12.5%): 18,446 licensed stores located primarily in the United States (6,701), Korea (1,870), Latin America (1,649) and the United Kingdom (911); - other (5.6%): sales of coffee, beverages and food products for companies, hotels, hospitals, airlines, etc. Net sales break down by family of products between beverages (60.3%), food (18.3%) and other (21.4%). Net sales are distributed geographically as follows: the United States (73.4%), China (8.6%) and other (18%).

Sector

Restaurants & Bars

Calendar

2024-07-24 - Q3 2024 Earnings Release (Projected)

Related indices

S&P 500

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Ratings for Starbucks Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

76.83 USD

Average target price

90.15 USD

Spread / Average Target

+17.33%

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Quarterly earnings - Rate of surprise

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