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Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

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Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

Starbucks' U.S. stores topped Wall Street's comparable sales expectations but its international business fell short of estimates.

Directly affected

  • SBUX Starbucks+9.0% 30d

    Named in this report.

Indirectly affected

  • XLY Consumer Discretionary Select Sector SPDR+2.3% 30d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that Starbucks belongs to, so it often moves with news about it.

  • BROS Dutch Bros+9.6% 30d

    Dutch Bros is a peer of Starbucks in eating and drinking places; rivals often move on the same news.

  • SHAK Shake Shack+23.7% 30d

    Shake Shack is a peer of Starbucks in eating and drinking places; rivals often move on the same news.

  • MCD McDonald's-10.4% 5d

    McDonald's is a large consumer company like Starbucks; big names in a sector often move together.

  • YUM Yum! Brands+11.5% 30d

    Yum! Brands is a large consumer company like Starbucks; big names in a sector often move together.

  • CMG Chipotle Mexican Grill-13.9% 30d

    Chipotle Mexican Grill is a large consumer company like Starbucks; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SBUX-1.21%-0.48%base+2.34%+0.44%+0.47%after close
XLYNo price data for this ticker———————
BROSNo price data for this ticker———————
SHAKNo price data for this ticker———————
MCDNo price data for this ticker———————
YUMNo price data for this ticker———————
CMGNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Starbucks sales miss expectations, but its U.S. turnaround is gaining steam CNBC

Source: CNBC

This story

CompanyWhenMoveStatus
SBUXthat day+2.34%final price
SBUXthe next day+0.44%final price
SBUXtwo days later+0.47%still updating
SBUXthree days earlier-0.48%final price
SBUXfive days earlier-1.21%final price

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This story

12 out of 100Price not final

“Starbucks sales miss expectations, but its U.S. turnaround is gaining steam” scores 12 out of 100. The score uses 1 sources. The price is not final yet.