Starbucks sales miss estimates, shares drop despite rosier forecast

reuters2021-04-28

Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more ...

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Comments

LemonKnight
2021-04-28
LemonKnight
sbux rocks
- Leoneon8881:
  ??
Alfred1007
2021-04-28
Alfred1007
It might take 1-2 years to recover based on current situation.
- Leoneon8881:
  ??
Targarean
2021-04-28
Targarean
I’m a “belieber” in Sbux ?
chewy144
2021-04-28
chewy144
Why drop
- chewy144:
  growth not in line?
DesmondChin
2021-04-28
DesmondChin
Good results considering that we are still in the pandemics
- Leoneon8881:
  ??
Derrick3388
2021-04-28
Derrick3388
To me is surprise because I do not drink Starbucks ??
- tharain:
  there’s nice cheap coffee too
- tharain:
  haha
- Alfred1007:
  I drink cheap coffee.
- 鸟雨花香:
  I don' t drink too

Leave a comment

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It expects adjusted earnings per share between $2.90 and $3.</p><p>Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.</p><p>U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.</p><p>\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.</p><p>Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.</p><p>The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.</p><p>The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.</p><p>In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.</p><p>The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.</p><p>\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"</p><p>Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.</p><p>Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.</p><p>\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks sales miss estimates, shares drop despite rosier forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 05:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","SBUX":"星巴克"},"source_url":"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130769373","content_text":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4168818,"gmtCreate":1619671948600,"gmtModify":1680786143599,"authorId":3556969222862067,"author":{"id":3556969222862067,"idStr":"3556969222862067","authorId":3556969222862067,"name":"Leoneon8881","avatar":"https://static.tigerbbs.com/f538101c460b5f022a9dba30ce236442","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100812407,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":100358078,"gmtCreate":1619583572994,"gmtModify":1704726342343,"author":{"id":"3570656625926041","authorId":"3570656625926041","name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570656625926041","authorIdStr":"3570656625926041"},"htmlText":"It might take 1-2 years to recover based on current situation.","listText":"It might take 1-2 years to recover based on current situation.","text":"It might take 1-2 years to recover based on current situation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100358078","repostId":2130769373,"repostType":2,"repost":{"id":"2130769373","pubTimestamp":1619559309,"share":"https://ttm.financial/m/news/2130769373?lang=&edition=fundamental","pubTime":"2021-04-28 05:35","market":"us","language":"en","title":"Starbucks sales miss estimates, shares drop despite rosier forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2130769373","media":"reuters","summary":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even thou","content":"<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.</p><p><img src=\"https://static.tigerbbs.com/310a6183ccc5c4f3791cb309feb76051\" tg-width=\"846\" tg-height=\"628\" referrerpolicy=\"no-referrer\"></p><p>Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.</p><p>Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.</p><p>Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.</p><p>U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.</p><p>\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.</p><p>Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.</p><p>The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.</p><p>The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.</p><p>In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.</p><p>The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.</p><p>\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"</p><p>Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.</p><p>Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.</p><p>\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks sales miss estimates, shares drop despite rosier forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks sales miss estimates, shares drop despite rosier forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 05:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","SBUX":"星巴克"},"source_url":"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130769373","content_text":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4168819,"gmtCreate":1619671956097,"gmtModify":1680786144866,"authorId":3556969222862067,"author":{"id":3556969222862067,"idStr":"3556969222862067","authorId":3556969222862067,"name":"Leoneon8881","avatar":"https://static.tigerbbs.com/f538101c460b5f022a9dba30ce236442","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100358078,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":100919696,"gmtCreate":1619573544516,"gmtModify":1704726148869,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1,"idStr":"3573540190522229","authorIdStr":"3573540190522229"},"htmlText":"I’m a “belieber”&nbsp;in Sbux ?","listText":"I’m a “belieber”&nbsp;in Sbux ?","text":"I’m a “belieber” in Sbux ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100919696","repostId":2130769373,"repostType":2,"repost":{"id":"2130769373","pubTimestamp":1619559309,"share":"https://ttm.financial/m/news/2130769373?lang=&edition=fundamental","pubTime":"2021-04-28 05:35","market":"us","language":"en","title":"Starbucks sales miss estimates, shares drop despite rosier forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2130769373","media":"reuters","summary":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even thou","content":"<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.</p><p><img src=\"https://static.tigerbbs.com/310a6183ccc5c4f3791cb309feb76051\" tg-width=\"846\" tg-height=\"628\" referrerpolicy=\"no-referrer\"></p><p>Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.</p><p>Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.</p><p>Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.</p><p>U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.</p><p>\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.</p><p>Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.</p><p>The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.</p><p>The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.</p><p>In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.</p><p>The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.</p><p>\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"</p><p>Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.</p><p>Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.</p><p>\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks sales miss estimates, shares drop despite rosier forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks sales miss estimates, shares drop despite rosier forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 05:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","SBUX":"星巴克"},"source_url":"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130769373","content_text":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100023659,"gmtCreate":1619570218371,"gmtModify":1704726053529,"author":{"id":"3566899757407501","authorId":"3566899757407501","name":"chewy144","avatar":"https://community-static.tradeup.com/news/c347caa43ea1ebdb88d4b84d2c111059","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3566899757407501","authorIdStr":"3566899757407501"},"htmlText":"Why drop","listText":"Why drop","text":"Why drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100023659","repostId":2130769373,"repostType":4,"repost":{"id":"2130769373","pubTimestamp":1619559309,"share":"https://ttm.financial/m/news/2130769373?lang=&edition=fundamental","pubTime":"2021-04-28 05:35","market":"us","language":"en","title":"Starbucks sales miss estimates, shares drop despite rosier forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2130769373","media":"reuters","summary":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even thou","content":"<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.</p><p><img src=\"https://static.tigerbbs.com/310a6183ccc5c4f3791cb309feb76051\" tg-width=\"846\" tg-height=\"628\" referrerpolicy=\"no-referrer\"></p><p>Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.</p><p>Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.</p><p>Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.</p><p>U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.</p><p>\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.</p><p>Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.</p><p>The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.</p><p>The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.</p><p>In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.</p><p>The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.</p><p>\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"</p><p>Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.</p><p>Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.</p><p>\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks sales miss estimates, shares drop despite rosier forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks sales miss estimates, shares drop despite rosier forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 05:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","SBUX":"星巴克"},"source_url":"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130769373","content_text":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4154983,"gmtCreate":1619570293844,"gmtModify":1680785927422,"authorId":3566899757407501,"author":{"id":3566899757407501,"idStr":"3566899757407501","authorId":3566899757407501,"name":"chewy144","avatar":"https://community-static.tradeup.com/news/c347caa43ea1ebdb88d4b84d2c111059","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.86%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100023659,"type":1,"supId":0,"prevId":0,"content":"growth not in line?","text":"growth not in line?","html":"growth not in line?"}],"langContent":"EN"},{"id":100084598,"gmtCreate":1619569683914,"gmtModify":1704726033094,"author":{"id":"3578983795474363","authorId":"3578983795474363","name":"DesmondChin","avatar":"https://static.tigerbbs.com/b90cb6b6a6c328ac8d02a829e5e7c835","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":3,"crmLevelSwitch":1,"idStr":"3578983795474363","authorIdStr":"3578983795474363"},"htmlText":"Good results considering that we are still in the pandemics","listText":"Good results considering that we are still in the pandemics","text":"Good results considering that we are still in the pandemics","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100084598","repostId":2130769373,"repostType":4,"repost":{"id":"2130769373","pubTimestamp":1619559309,"share":"https://ttm.financial/m/news/2130769373?lang=&edition=fundamental","pubTime":"2021-04-28 05:35","market":"us","language":"en","title":"Starbucks sales miss estimates, shares drop despite rosier forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2130769373","media":"reuters","summary":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even thou","content":"<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.</p><p><img src=\"https://static.tigerbbs.com/310a6183ccc5c4f3791cb309feb76051\" tg-width=\"846\" tg-height=\"628\" referrerpolicy=\"no-referrer\"></p><p>Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.</p><p>Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.</p><p>Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.</p><p>U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.</p><p>\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.</p><p>Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.</p><p>The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.</p><p>The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.</p><p>In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.</p><p>The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.</p><p>\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"</p><p>Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.</p><p>Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.</p><p>\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks sales miss estimates, shares drop despite rosier forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks sales miss estimates, shares drop despite rosier forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 05:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","SBUX":"星巴克"},"source_url":"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130769373","content_text":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4156699,"gmtCreate":1619577849436,"gmtModify":1680785952959,"authorId":3556969222862067,"author":{"id":3556969222862067,"idStr":"3556969222862067","authorId":3556969222862067,"name":"Leoneon8881","avatar":"https://static.tigerbbs.com/f538101c460b5f022a9dba30ce236442","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100084598,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":100016564,"gmtCreate":1619569179058,"gmtModify":1704726016708,"author":{"id":"3571122265542784","authorId":"3571122265542784","name":"Derrick3388","avatar":"https://static.tigerbbs.com/fdb5ce05320a1a446ab0d788b0368648","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":7,"crmLevelSwitch":1,"idStr":"3571122265542784","authorIdStr":"3571122265542784"},"htmlText":"To me is surprise because I do not drink Starbucks ??","listText":"To me is surprise because I do not drink Starbucks ??","text":"To me is surprise because I do not drink Starbucks ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/100016564","repostId":2130769373,"repostType":4,"repost":{"id":"2130769373","pubTimestamp":1619559309,"share":"https://ttm.financial/m/news/2130769373?lang=&edition=fundamental","pubTime":"2021-04-28 05:35","market":"us","language":"en","title":"Starbucks sales miss estimates, shares drop despite rosier forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2130769373","media":"reuters","summary":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even thou","content":"<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.</p><p><img src=\"https://static.tigerbbs.com/310a6183ccc5c4f3791cb309feb76051\" tg-width=\"846\" tg-height=\"628\" referrerpolicy=\"no-referrer\"></p><p>Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.</p><p>Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.</p><p>Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.</p><p>U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.</p><p>\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.</p><p>Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.</p><p>The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.</p><p>The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.</p><p>In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.</p><p>The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.</p><p>\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"</p><p>Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.</p><p>Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.</p><p>\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks sales miss estimates, shares drop despite rosier forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks sales miss estimates, shares drop despite rosier forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 05:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","SBUX":"星巴克"},"source_url":"https://www.reuters.com/business/retail-consumer/starbucks-sales-miss-estimates-shares-drop-despite-rosier-forecast-2021-04-27/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130769373","content_text":"Starbucks Corp(SBUX.O)missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that more customers will return as they get vaccinated.Global comparable sales were hurt by weakness at its international business, where the COVID-19 pandemic has forced governments to restrict travel and shut cafes.Still, the company raised its 2021 revenue forecast to between $28.5 billion and $29.3 billion. It expects adjusted earnings per share between $2.90 and $3.Analysts have forecast revenue of $28.61 billion and earnings of $2.85 per share.U.S. sales returned to pre-pandemic levels, Chief Executive Officer Kevin Johnson said during a call with analysts.\"When you look at the progress we're making on vaccinations, certainly in the U.S., that's a proxy for what's going to happen around the world,\" he said.Starbucks, like other restaurant chains, has struggled for over a year as consumers worked from home and made their coffee and breakfast themselves. Recent lockdowns in parts of Asia and Europe have slowed the recovery.The Seattle-based company said sales in its biggest growth market, China, nearly doubled from the same period a year ago when its stores in the country remained shut due to the health crisis.The surge, however, was not enough for its markets abroad to beat Wall Street expectations. They rose 35% in the company's international markets, but missed expectation of 48.25% growth, according to IBES data from Refinitiv.In the Americas, comparable sales rose 9%, powered by a recovery in the United States, thanks to vaccinated consumers returning to stores or ordering their daily cup of coffee online.The company grew its active Rewards loyalty program members to 22.9 million, an 18% increase year over year.\"I believe we have an opportunity to double that number,\" Johnson said. \"I'm not going to give a time frame, it might take a couple of years.\"Revenue rose 11% to $6.67 billion for the second quarter ended March 28, falling short of the estimate of $6.82 billion.Most analysts believe Starbucks will benefit from reopening as people crave social interactions at cafes and other gathering spots.\"It is still going to be a while before people are both able to and comfortable with doing this again,\" said Euromonitor International consultant Matthew Barry.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4162932,"gmtCreate":1619626387912,"gmtModify":1680786061783,"authorId":3575158430410963,"author":{"id":3575158430410963,"idStr":"3575158430410963","authorId":3575158430410963,"name":"tharain","avatar":"https://static.tigerbbs.com/868b9779119e2dd470e7e5a9eee61970","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100016564,"type":1,"supId":4157499,"prevId":0,"content":"there’s nice cheap coffee too","text":"there’s nice cheap coffee too","html":"there’s nice cheap coffee too"},{"id":4162927,"gmtCreate":1619626364921,"gmtModify":1680786060819,"authorId":3575158430410963,"author":{"id":3575158430410963,"idStr":"3575158430410963","authorId":3575158430410963,"name":"tharain","avatar":"https://static.tigerbbs.com/868b9779119e2dd470e7e5a9eee61970","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100016564,"type":1,"supId":4155773,"prevId":0,"content":"haha","text":"haha","html":"haha"},{"id":4157499,"gmtCreate":1619583596745,"gmtModify":1680785966754,"authorId":3570656625926041,"author":{"id":3570656625926041,"idStr":"3570656625926041","authorId":3570656625926041,"name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100016564,"type":1,"supId":0,"prevId":0,"content":"I drink cheap coffee.","text":"I drink cheap coffee.","html":"I drink cheap coffee."},{"id":4155773,"gmtCreate":1619573259685,"gmtModify":1680785947295,"authorId":3582101321255914,"author":{"id":3582101321255914,"idStr":"3582101321255914","authorId":3582101321255914,"name":"鸟雨花香","avatar":"https://static.tigerbbs.com/98b16b55879fd1a4b831b436592733a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100016564,"type":1,"supId":0,"prevId":0,"content":"I don' t drink <u>too</u>","text":"I don' t drink <u>too</u>","html":"I don' t drink <u>too</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":29,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2130769373"}