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A Starbucks rally has run too far, says one brokerage that slapped an underperform rating on the coffee retailer.
Starbucks (SBUX) reported a sixth straight quarterly drop in US same-store sales on Tuesday as the company continues to grapple with an uncertain consumer environment and its CEO's turnaround efforts.
See more: Why Sweetgreen is using robots to serve food Starbucks shares ended 2024 down 5% compared to a 23% advance for the S&P 500 (^GSPC). McDonald's (MCD) shares finished the year up slightly.
Starbucks stock climbed Wednesday, rising on the path toward price levels not seen since early April, when tariffs weighed on the market. The company announced new AI technology and CEO Brian ...
In order to accelerate its turnaround while managing costs, Starbucks Corp. SBUX has offered stock grants worth $6 million to its executives. Meanwhile, the stock’s technical analysis paints a ...
Starbucks chief financial officer Rachel Ruggeri will serve as interim CEO until Niccol starts. Starbucks shares jumped 25% to $95.90 on the news, a record percentage increase, while Chipotle ...