Starbucks Corporation is a global coffeehouse chain that specializes in the production and retail of high-quality coffee beverages, teas, and a variety of food items. Founded in Seattle, the company has expanded its presence worldwide, creating a distinctive café experience characterized by its inviting ambiance and commitment to customer service. Starbucks is also known for its commitment to sustainability, ethically sourcing its coffee beans, and engaging in various community initiatives. In addition to traditional store locations, the company has developed a robust digital platform for mobile orders and a loyalty rewards program, enhancing customer convenience and fostering brand loyalty. Read More
Tempe, AZ - Apr 30, 2025 - NexGen Landscaping, Arizona’s leading commercial landscaping company, is setting a new benchmark for excellence in the industry. Headquartered in Tempe, AZ, NexGen Landscaping delivers high-quality landscape installation and maintenance services that enhance commercial properties and HOA communities throughout the Phoenix-Metro area.
Starbucks (NASDAQ: SBUX) missed Q2 FY25 expectations, prompting Goldman Sachs to downgrade the stock to Neutral with a lower price target of $85. Analysts cite soft North America sales, declining consumer sentiment, and ongoing macroeconomic pressures as key concerns.
Curious about the most active S&P500 stocks in today's session? Get insights into the stocks that are leading the way in terms of trading volume and market attention.
Shares of coffeehouse chain Starbucks (NASDAQ:SBUX)
fell 10.2% in the pre-market session after the company reported disappointing first-quarter 2025 results as its revenue, EPS, and EBITDA fell short of Wall Street's estimates. The key highlight for the quarter was the drop in global same-store sales, with North America dragging results down due to a 4% decline in transactions despite a higher average spend per order.
This dip in volume led to flat sales in the U.S. and a mere 2% growth globally, with the modest revenue gain largely driven by the opening of 213 new stores rather than demand at existing ones.
Overall, this was a softer quarter.
Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs.
Wondering what's happening in today's session regarding gap up and gap down stocks? Explore the S&P500 index on Wednesday to uncover the stocks that are gapping in the S&P500 index.
Starbucks Corp (NASDAQ:SBUX) shares are facing heavy selling pressure Wednesday morning after the company reported worse-than-expected results for the second quarter.
Wall Street braces for volatile Wednesday as U.S. GDP data shows unexpected economic contraction, raising fears of a recession. Pre-market futures down.
U.S. stock futures are down Wednesday morning, despite major averages ending up on Tuesday, and the S&P 500 and Dow Jones notching their sixth-straight day in the green, the longest streak for the indexes in months.
Coffeehouse chain, Starbucks Corp. (NASDAQ: SBUX), is making a case for its resilience amid the slowdown, rising recession risks, and global trade uncertainty.
