In Q2, Starbucks reported EPS of $0.93, a 0.6% YoY revenue decline, and announced a $0.57 quarterly dividend.
In Q2, Starbucks Co. saw various institutional investors adjust their stakes, with L. Roy Papp & Associates LLP increasing theirs by 13.9%, Tempus Wealth Planning LLC increasing by 51.6%, and Calamos Wealth Management LLC reducing by 86.9%. Starbucks reported Q2 EPS of $0.93, meeting consensus estimates, and announced a quarterly dividend of $0.57. The company's revenue was down 0.6% YoY, totaling $9.11bn. Starbucks has a negative return on equity of 49.38% and a net margin of 11.16%. With a consensus rating of "Moderate Buy" and an average target price of $99.21, analysts have mixed opinions on the company.
August 25, 2024
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