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Why Starbucks Stock Slipped on Wednesday

TheMotleyFool 
0 0 29.01.26
Why Starbucks Stock Slipped on WednesdayPhoto, wide shot, wide-angle lens, Retail store, neutral atmosphere, photo by Joe Cornish: https://img.theapi.app/temp/5574eb69-dc38-42f3-aadd-6163ac8bd4a8.png
 

Wednesday morning, (NASDAQ: SBUX) posted a quarterly earnings report that beat analyst revenue expectations. That wasn't enough to lift its shares into positive territory, though they only dipped by 0.6% in price on the day.

Before market open, Starbucks served up its first quarter of fiscal 2026 results. For the period, its net revenue rose 6% year over year to $9.9 billion. That was on the back of 4% growth in global comparable store sales.

Image source: Starbucks.

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Source Fool.com

Starbucks Corp. Stock

€93.00
0.610%
Starbucks Corp. gained 0.610% compared to yesterday.
Our community is currently high on Starbucks Corp. with 41 Buy predictions and 6 Sell predictions.
As a result the target price of 97 € shows a slightly positive potential of 4.3% compared to the current price of 93.0 € for Starbucks Corp..
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