Reported 1 day ago
Starbucks is set to announce its fiscal first-quarter earnings, with analysts predicting a decline in revenue and earnings year-over-year. Out of 16 analysts, 10 recommend 'buy' ratings, while concerns are raised about the company's product innovation efforts and a decline in same-store sales. The average price target suggests a potential increase in stock value, but analysts are cautious about future forecasts under new CEO Brian Niccol.
Source: YAHOO