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Analyst Warns Starbucks Faces Growing Risks From Competition, Costs, and Global Tensions
Benzingaยท 2025-04-29 21:54
Guggenheim analyst Gregory Francfort reiterated the Neutral rating on Starbucks Corporation SBUX on Tuesday, lowering the price forecast from $95 to $83. Starbucks reported second-quarter fiscal year 2025 financial results after market close on Tuesday. Consolidated net revenue rose 2% year-over-year, but global comparable store sales fell 1% (transactions down 2%, average ticket up 1%), with North America down 1%, international down 2%, and China flat. Also Read: How To Earn $500 A Month From Starbucks Sto ...