Reported about 10 hours ago
Starbucks Corporation (SBUX) has recently gained attention but is currently facing challenges, with shares declining 12% over the past month compared to a 2.4% increase in the S&P 500. As earnings and revenue growth estimates show a downward trend, especially with a projected EPS of $0.59 reflecting a 26.3% year-over-year decrease, Starbucks holds a Zacks Rank #4 (Sell), indicating potential underperformance ahead. While some revenue growth is anticipated, the overall outlook suggests caution for investors.
Source: YAHOO