Company: Starbucks and Coffee Company

company: Shares got a 3.6% boost in Friday trading after the coffee company reported adjusted earnings per share of 75 cents, ahead of the Fact Set consensus for 65 cents per share, according to Market Watch. Revenue of 6.63 billion exceeded the 6.31 billion Fact Set consensus. Starbucks Corp. posted an earnings and revenue beat in the fiscal first quarter, but analysts are looking down the line, worried that the coffee company can't maintain positive results. Globally, Starbucks reported a same-store sales increase of 4%, which the company said was driven by 4% growth in the U.S. Starbucks SBUX, 3.63% shares have gained 10.8% over the last year while the S&P 500 index SPX, 0.85% has fallen 6.2% for the period. Overall, the prospects for Starbucks look good in the short term, reasonable in the medium term, but somewhat more challenging over the long term, wrote Neil Saunders, managing director at Global Data Retail. Read We'll never see that money back' - how small business owners can recover from the shutdown While those quarterly numbers were positive, some analysts still urge investors to proceed with caution. (news.financializer.com). As reported in the news.

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