Latest news with #SBUX
CNBC
4 hours ago
- Business
- CNBC
Starbucks could see a breakdown after stalling around key level, according to the charts
After a strong rally off a double bottom pattern in April and May, shares of coffee conglomerate Starbucks Corp. (SBUX) have now stalled out at the crucial 200-day moving average. Will the Seattle-based brewer have enough strength to finally clear this long-term trend barometer? Based on our analysis of trend, momentum and volume, we see a breakdown as a much more likely scenario. Starbucks has settled into a consolidation phase since early June, bouncing between resistance around $97-98 and support at $90. We can see that the 200-day moving average is almost completely flat, reinforcing the consolidation created by an equilibrium between buying power and selling pressure. We can also observe that after first reaching the 200-day moving average in June, the price has experienced a series of failed breakouts above this resistance point. So most importantly, we would need to see a valid drive above the 200-day moving average, ideally on heavier volume, to suggest an influx of willing buyers that could push SBUX to a new swing high. Besides a failed break above the 200-day, what else on the charts could help us anticipate the direction of an upcoming breakout? The momentum has actually been weakening in July, forming a bearish momentum divergence between price and the Relative Strength Index (RSI). This suggests that even though the price action is sideways, there is lack of upside momentum during this consolidation phase. We can also observe that volume has been trending more negative than positive over the last eight weeks. Here we're showing the Chaikin Money Flow (CMF), a volume trend indicator designed by technical analyst Marc Chaikin. The declining money flow indicates a lack of upside volume during this sideways price period. Now that the indicator has gone below the zero line, it serves to confirm a distribution phase as selling pressure has outweighed buying power. If Starbucks would break lower in the coming weeks, where could we anticipate potential support? Going back to the $90 support level we mentioned earlier, we can see that this also lines up with a 38.2% Fibonacci retracement level based on the April low through this week's high. So a drop below $90 would represent a break below a "confluence of support" derived from multiple technical indicators. If we do see a break below $90, we would expect support in the $83-84 range. This would mean about a 61.8% of the spring rally, and also line up with the swing lows from May. While the current consolidation pattern does not give a real indication of future direction for SBUX, based on our analysis of volume and momentum trends, we feel that a breakdown is much more likely here. - David Keller, CMT DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
Globe and Mail
17 hours ago
- Business
- Globe and Mail
Starbucks Reports Q3 2025 Financial Results
Starbucks ( (SBUX)) has released its Q3 earnings. Here is a breakdown of the information Starbucks presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Starbucks Corporation, a leading global coffeehouse chain, operates in the specialty coffee industry, known for its high-quality arabica coffee and unique customer experience. In its Q3 Fiscal Year 2025 earnings report, Starbucks highlighted a 4% increase in consolidated net revenues to $9.5 billion, despite a 2% decline in global comparable store sales. The company's 'Back to Starbucks' strategy is showing progress, although earnings per share were impacted by one-time investments and tax items. Key financial metrics revealed a contraction in operating margins and a decrease in earnings per share, attributed to strategic investments and inflationary pressures. Starbucks opened 308 net new stores, with a significant presence in the U.S. and China, and reported a 9% increase in international segment revenues. Looking ahead, Starbucks remains focused on innovation and sustainable growth, as it continues to enhance customer service and operational efficiency.
Yahoo
a day ago
- Business
- Yahoo
Starbucks Wants to Tap The Protein Trend. Here's How
Key Takeaways Starbucks will soon offer protein cold foam and is exploring gluten free and protein-centric foods, CEO Brian Niccol said. The macronutrient is having a moment, with companies marketing everything from cereal to popcorn as a way to get more protein. Starbucks' assessment of its menu is part of a larger effort to turn around sluggish sales by making cafes more wants to milk the protein craze as it refreshes its menu. Starbucks (SBUX) will start offering a cold foam featuring 15 grams of protein near the end of the current quarter, CEO Brian Niccol said on a conference call Wednesday. The sugar-free topping may be accompanied by high-protein and gluten-free food, as well as other items on tap for trial—like waffles, pancakes and coconut water-based drinks, Niccol said. 'We will bring a consistent drumbeat of innovation to market" this fiscal year, Niccol said, according to a transcript made available by AlphaSense. Menu changes will center on premium coffee and 'function-forward, modern' and 'artisanal food," he said. Protein will show up first as part of an already-popular add on. Orders with cold foam—a cool, frothy topping typically made with dairy—grew 23% year-over-year in the fiscal third quarter, Niccol said. Americans are particularly focused on their protein intake because it can make people feel full, potentially aiding in weight loss and muscle development. About 85% of consumers said they wanted to consume more protein in 2025, according to a survey commissioned by the yogurt company Chobani last year. (Most Americans get enough protein if they eat a sufficient amount of food, nutritionists say.) Food companies have been catering to the demand, marketing protein-laden versions of everything from Cheerios to popcorn. The dessert brand Milk Bar teamed up with the company Premier Protein to sell cookies, cakes and truffles with the macronutrient in August. PepsiCo (PEP) is rolling out a line of protein-forward drinks, playing to 'a consumer trend that is scaling up in the U.S.,' CEO Ramon Laguarta said earlier this month. Protein-centric foods may be coming to Starbucks next. Niccol said cafes' baked cases will be refreshed in early 2026 and that 'nutritious, satisfying bites' can be expected later in the year. U.S. stores may also take menu cues from Canadian cafes, which have been selling waffles and pancakes, he said. The refreshed menu is part of Starbucks' quest to cultivate a more traditional cafe atmosphere and lure customers back to stores. The company plans to close the 80 or 90 locations that strictly fulfill mobile orders because they're 'overly transactional,' and reevaluate its North American portfolio, Niccol said. Starbucks is also refreshing cafe interiors, working on new designs and taking other steps to make shops more inviting. Starbucks' shares were recently off less than 1% after it handed in mixed results Tuesday night. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Do Wall Street Analysts Like Starbucks Stock?
With a market cap of $105.6 billion, Starbucks Corporation (SBUX) is a global coffee roaster, marketer, and retailer known for its specialty beverages, food items, and iconic brands such as Starbucks Coffee, Teavana, and Seattle's Best Coffee. Operating through its North America, International, and Channel Development segments, the company sells products through retail stores, licensed partners, and consumer packaged goods. Shares of the Seattle, Washington-based company have outperformed the broader market over the past 52 weeks. SBUX stock has returned 26.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 17.4%. However, shares of Starbucks are up 5.1% on a YTD basis, lagging behind SPX's 8.5% gain. More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here? Earnings Will Be 'Worse Than Expected' for UnitedHealth. How Should You Play UNH Stock Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Focusing more closely, the coffee chain stock has outpaced the Consumer Discretionary Select Sector SPDR Fund's (XLY) 21.7% increase over the past 52 weeks and a marginal YTD rise. Despite reporting better-than-expected Q3 2025 revenue of $9.5 billion on Jul. 29, Starbucks shares fell 2.2% the next day due to adjusted EPS of $0.50, missing analyst estimates. Operating margin dropped sharply by 650 basis points to 10.1%, driven by increased labor investments and a costly leadership event in Las Vegas. Additionally, same-store sales declined 2% globally and in North America, marking its sixth straight quarterly decline, raising concerns about sustained demand softness. For the fiscal year ending in September 2025, analysts expect SBUX's EPS to decrease 25.4% year-over-year to $2.47. The company's earnings surprise history is mixed. It beat or met the consensus estimates in two of the last four quarters while missing on two other occasions. Among the 32 analysts covering the stock, the consensus rating is a 'Moderate Buy.' That's based on 15 'Strong Buy' ratings, two 'Moderate Buys,' 11 'Holds,' two 'Moderate Sells,' and two 'Strong Sells.' On Jun. 26, Barclays raised Starbucks' price target to $108, maintaining an 'Overweight' rating. As of writing, the stock is trading below the mean price target of $93.13. The Street-high price target of $110 implies a potential upside of 21.2% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Business Insider
2 days ago
- Business
- Business Insider
'Green Apron Service' Proves Little Help for Starbucks Stock (NASDAQ:SBUX)
With coffee giant Starbucks (SBUX) poised to release its earnings report, one point slipped out just a little early: a new plan to improve the Starbucks experience by improving its customer service. This is a move that is likely to make the baristas—especially the unionized ones—sit up and take notice. They call it 'Green Apron Service,' but investors call it a reason to head for the exits. Starbucks shares are down fractionally in Tuesday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Some elements of Green Apron Service will sound familiar, including the 'friendlier' part and the part where Starbucks employees go back to writing on cups with Sharpies. Starbucks started up the training on Green Apron Service last week, encouraging staff to bring in '…warm and engaging interactions with customers in the hopes of making Starbucks visits a habit.' Naturally, this is going to put a lot of strain on the baristas, but Starbucks is backing the play with improvements in staffing as well as better technology to speed up service to the point that baristas can afford to be warmer. Further, Starbucks wants to ensure that the experience stays warm and friendly no matter where it starts. Whether it is a 'digital host' that helps with online orders or an 'extra person at the drive through…,' Starbucks wants to make human contact a much bigger part of the experience. The Scent of Starbucks While for most customers, the scent of Starbucks might best be described as burnt coffee and regret at paying that kind of money for a cup of coffee, others have a different idea. The Japanese, for example, have actually put together a Starbucks fragrance to tie in with three new drinks with peach flavor. Not unreasonable, especially given the fact that it is summer and is also peach season. But Japanese Starbucks is also offering Heavenly Peach Frappuccino Fragrance. And no shopper will be able to buy it. Instead, Starbucks is running an X—formerly Twitter—campaign where 30 people will be selected at random to get a 0.07-ounce bottle of Heavenly Peach Frappuccino Fragrance. Those interest need only tweet with the hashtag 'Heavenly Peach Frappuccino' in Japanese, along with '…your expectations for the product…' for a chance to win. The contest is limited to Japan customers, reports note. Is Starbucks Stock a Good Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on SBUX stock based on 13 Buys, nine Holds and two Sells assigned in the past three months, as indicated by the graphic below. After a 23.35% rally in its share price over the past year, the average SBUX price target of $96.24 per share implies 3.8% upside potential.
