Starbucks Corporation Talks Digital Strategy, Guidance, and Food Sales
Starbucks' (NASDAQ: SBUX) fourth-quarter results gave investors a useful glimpse into the coffee retailer's recent performance, putting the spotlight on positive comps and double-digit growth in earnings per share. But it also officially confirmed that Starbucks' guidance for 2017 was simply too aggressive, as full-year results underperformed management's initial outlook for the year.
Fortunately, management gave investors a closer look at its business during its third-quarter earnings call, as well as provided a much-needed update to its long-term guidance. Here's a look at three key takeaways from the earnings call.
Starbucks store. Image source: Starbucks.
Source: Fool.com
Starbucks Corp. Stock
€68.69
0.410%
With 17 Buy predictions and not the single Sell prediction the community is currently very high on Starbucks Corp..
With a target price of 103 € there is a positive potential of 49.95% for Starbucks Corp. compared to the current price of 68.69 €.
