|Bid||76.05 x 2200|
|Ask||76.24 x 800|
|Day's Range||75.91 - 76.87|
|52 Week Range||47.37 - 76.95|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||34.01|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.44 (1.94%)|
|1y Target Est||71.28|
Investors can expect another packed day of earnings on Thursday from heavyweights Amazon, Intel and Starbucks set to release results.
Make no mistake, Melinda Gates is a capitalist. The philanthropist and wife of Microsoft (MSFT) co-founder Bill Gates weighed in on the socialism vs. capitalism debate in a CNBC interview Wednesday morning. “What I know to be true is I would far rather live in a capitalistic society than a socialist society.
Analysts and investors are bullish on Chipotle as digital initiatives show signs of driving up sales.
Starbucks Corp. said Wednesday that it will bring back the popular S'mores Frappuccino this summer, after taking a break last summer and getting an earful from fans on Twitter. The drink will be in stores in the U.S. and Canada starting April 30. The S'mores Frappuccino is made with marshmallow-infused whipped cream, graham cracker crumble and chocolate sauce. Starbucks stock is up 18% for the year to date, just ahead of the S&P 500 index , which is up 17% for the period.
Starbucks (SBUX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
, Uber, Lyft and Pinterest. One foreign candidate is known as “the Starbucks of China”. In the process, it has become Starbucks’ only rival in China. Starbucks has more than 3,300 cafés in China. Luckin has gone from two stores in January last year to more than 2,000 early this year.
What's Expected for McDonald’s Q1 2019 Earnings(Continued from Prior Part)Analysts’ expectationsOf the 29 analysts covering (MCD), 79.3% recommend “buy,” 20.7% recommend “hold,” and none recommend “sell.” Their 12-month target of
The chart shows Starbucks stock cleared a long price channel that offered resistance at just under 65. The stock is about 10% extended from a 69.08 entry.
What's Expected for McDonald’s Q1 2019 Earnings(Continued from Prior Part)Analysts’ expectationsAnalysts expect McDonald’s (MCD)adjusted EPS to fall 1.7% YoY (year-over-year) in the first quarter to $1.76 from $1.79, due to lower revenue
Marketing was far and away Luckin Coffee’s top operating expense as a company in 2018, according to its IPO filing submitted to the SEC on Monday. The Chinese startup, already regarded as Starbucks’ biggest threat in Asia, spent more than $111 million on advertising or “sales and marketing expenses” last year, equivalent to 89 percent […]
The company started installing the boxes the same month it was fined by OSHA in response to a complaint involving bloodborne pathogens.
What's Expected for McDonald’s Q1 2019 Earnings(Continued from Prior Part)Analysts’ estimates In the first quarter of 2019, analysts expect McDonald’s (MCD) revenue to fall 4.1% YoY (year-over-year) to $4.93 billion from $5.14 billion, likely
Starbucks Corporation (NASDAQ:SBUX) is slated to report its second-quarter results this Thursday, and there is good reason to be bullish. Starbucks stock struggled during the first half of last year, but finished 2018 strong. That momentum has continued into 2019.Source: Shutterstock SBUX had been underperforming the S&P 500 up until November, but then it reignited investors' confidence in its vision. Not even the very public failure of its tea initiatives has been able to hold Starbucks stock back for too long. Starbucks continues to innovate and expand its retail presence. The company's financial results, especially its Q1 earnings, showed that its overall vision and execution are working. * 10 High-Yielding Dividend Stocks That Won't Wilt Over the past year, Starbucks stock is up 32%. There is plenty of reason to believe that the momentum of SBUX stock will continue through the upcoming quarter and through the remainder of 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Starbucks Stock Reported Strong First-Quarter ResultsSBUX electrified the owners of SBUX stock with its huge first quarter. SBUX reported that its net revenue surged 9%. reaching a record $6.6 billion. Its global-comparable-store-sales growth rose 4%, and its China comp sales ticked up 1%.Despite its large size, SBUX is delivering growth in the U.S. and China. U.S. comparable store sales rose as a result of Starbucks' focus on improving its digital offerings, as well as its in-store experience.Starbucks continues to be one of the savviest retailers when it comes to leveraging digital tools. The number of active members in Starbucks' U.S. rewards program increased 14% in Q1 to 16.3 million members. The program provides a treasure trove of consumer data to SBUX and helps it better understand how to serve its customers. It's not exactly a revenue driver, but it shouldn't be overlooked, either. Data is king. Starbucks Stock Will Benefit from the Company's Accelerated Share Repurchase ProgramStarbucks' success has allowed it to return a great deal of capital to the owners of Starbucks stock. For instance, Starbucks has committed to repurchasing $2 billion of SBUX stock between March 2019 and June 2019.Over a three-year period through fiscal 2020, SBUX has committed to returning $25 billion to shareholders in the form of share buybacks and dividends. It has already spent $14 billion of those funds. This accelerated program should boost Starbucks stock. Starbucks Re-imagines the "Third Place"Good numbers are only one part of the equation though. Starbucks knows that. The market demands innovation and new ideas. Starbucks has really delivered in that area under its CEO, Kevin Johnson, and Starbucks stock has responded positively to its innovations.SBUX coined the concept of the "Third Place," which is supposed to transform Starbucks to the third place where people spend time, other than their homes and jobs. SBUX is re-imagining the concept in an effort to amplify its brand, and this will further establish them as the standard bearer when it comes to convenience, comfort and connection in the world of food and beverage retail .Starbucks is razor-focused on this branding initiative, which includes changes in its interior decor and a $100 million investment by SBUX in the Valor Siren Ventures fund, which focuses on "the next generation food and retail start-up companies."I'm impressed with Starbucks' decision to use a dynamic approach to get new talent and enhance its innovations with outside input. It's because of Starbucks' focus on the future that I am confident that Starbucks stock will continue to beat expectations in coming quarters.As of this writing, Luce Emerson did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post Why Starbucks Stock Will Continue to Brew Profits for Investors appeared first on InvestorPlace.
What's Expected for McDonald’s Q1 2019 EarningsStock performanceMcDonald’s (MCD) is set to report its first-quarter earnings before the market opens on April 30. As of yesterday, MCD had risen 6.5% since its fourth-quarter earnings on January
Global coffee chain Starbucks is scheduled to report fiscal second-quarter financial results Thursday after the market’s close. Here’s a snapshot of Wall Street’s expectations and some recent history.
Now Musk Wants a Million Self-Driving Teslas There he goes again, as Reagan would say. Elon Musk and his outlandish predictions that he spouts out in order to get people to buy Tesla (NASDAQ:TSLA) stock even though the company keeps losing money. God bless him. Now he says that 1 million self driving Tesla robotaxis […]The post Market Morning: Musk Million Car March, Housing Slump, Beyond Public Meat, Starbucks Out of Luckin appeared first on Market Exclusive.
HONG KONG/BEIJING (Reuters) - Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through which, sources said, it is looking to raise up to $800 million. The Beijing-based coffee chain set a placeholder amount of $100 million to indicate the size of the IPO and did not disclose the number of shares it would offer, a filing https://bit.ly/2UtnC0g with the U.S. Securities and Exchange Commission showed. Two people with direct knowledge of the matter told Reuters the startup is potentially looking to raise $500 million to $800 million from the listing which is scheduled to take place in May. An amount raised in that range would make Luckin the biggest U.S. IPO by a Chinese firm so far in 2019, according to Refinitiv data.
Luckin Coffee, the Chinese coffee start-up trying to open up more outlets on the mainland than Starbucks, plans to list in the US in what is shaping up as a banner year for US IPOs. Monday’s filing did not contain details on the number of shares to be sold in the IPO or the proposed price. The fresh cash comes as the company pushes to overtake Starbucks by number of outlets in China.