Jan. 23, 2014, 12:10 AM
Jan. 22, 2014, 5:35 PM
Jan. 22, 2014, 7:49 AM
- There is an air of caution with analysts over the pace of sales growth Starbucks (SBUX) will report for its FQ1.
- Sanford Bernstein analyst Sara Senatore isn't the only one expecting a slight deceleration from recent trends.
- Same-store sales in the U.S. could be a particular focus, with the general slowdown in retail traffic to stores and restaurants seen as likely to have encapsulated Starbucks as well.
- Starbucks reports tomorrow with analysts expecting EPS of $0.69 on revenue of $4.3B.
- SBUX -0.3% premarket and -5.2% over the last 5 trading sessions on earnings apprehension.
Jan. 16, 2014, 9:53 AM
- Starbucks (SBUX -0.3%) will need to tighten up the security of it mobile app after a researcher hacks his way rather easily into retrieving customer username and password information.
- The company made the rookie mistake of leaving data trails on the phone in plain text instead of in an encrypted file, but says it will make the fix.
- The vulnerability was first disclosed on a techie forum by Daniel Woods.
Jan. 14, 2014, 6:49 AM
- Belus Capital Advisers downgrades Starbucks (SBUX) to a Hold rating from Buy on concerns the company could stumble just a bit in 2014.
- Analyst Brian Sozzi thinks operational issues at stores have cropped up enough to cut into sales and efficiency.
- The firm slashes its price target on the company to $75 from $90.
Jan. 8, 2014, 3:26 PM
- Coffee prices continue to surge after torrential rains in Brazil threaten to damage as much as 40% of the nation's arabica crop.
- Arabica coffee futures for March delivery are up 3% on the day and 19% since early November, but still stand at a historically-low level.
- Premium coffee sellers such as Starbucks (SBUX +0.6%) and Green Mountain Coffee Roasters (GMCR +1.1%) favor the arabica bean.
- Related ETFs: JO
Jan. 6, 2014, 2:06 PM
- Hedgeye's Howard Penney has some strong feelings on which restaurant operators are managing themselves through the operational boom-and-bust cycles most chains endure as concepts are grown too fast.
- The research analyst thinks Starbucks (SBUX -1%) and Brinker International (EAT -1.1%) have honed in on a correct management strategy to trim capex spending and "attack" the middle of the P&L to improve EBITDA, while Darden Restaurants (DRI -2.3%) stubbornly resists the idea.
Jan. 3, 2014, 9:27 AM
- Starbucks (SBUX) introduces gift cards at some locations in China at a strategic time just in front of the Lunar New Year.
- In the U.S., the company has had rousing success with its gift card program as it has become the go-to gift for holiday season shoppers who tend to procrastinate or run out of ideas.
Jan. 2, 2014, 3:06 PM
- The National Restaurant Association's Restaurant Performance Index rose 0.2% M/M in November to hit a five-month of 101.2
- The research group also reported that 47% of restaurant operators saw customer traffic growth improve in November from the same period a year ago, up from the 43% which reported improvement in October.
- A majority of restaurant operators have a positive outlook on the industry and plan to spend money on capital expenditures in the next few months.
- Related stocks: CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SBUX, SONC, WEN, BWLD, THI, BDL, NATH, CEC, LUB, BKW, CHUY, BLMN, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN.
Dec. 26, 2013, 12:12 PM
- Gift card sales were an out-performer in the retail sector this holiday season.
- Open network branded card sales rose 7.3% this year while retailers saw gift card sales shoot up 10, according to Corporate Executive Board.
- The consumer trend toward more gift card usage should provide a lift to MasterCard (MA +0.8%) and Visa (V +0.3%) as well as adding at least some support to retail sales in Q1 of 2014 as sales are booked.
- Related stocks: SBUX, BBY, HAWK, WMT, TGT, DNKN, MCD.
Dec. 17, 2013, 8:29 AM
- Apparently a Starbucks (SBUX) gift card isn't the most original gift to give during the holiday season with the company reporting that one in every ten Americans received the coffee card last year.
- In a single day right before Christmas last year, 2M Starbucks cards were purchased in the U.S. and Canada. Starbucks expects an even bigger rush to stores this year to pick up the item.
- Overall, the program has seen $16B loaded on 450M cars in 27 different countries.
- For those keeping track, Starbucks doesn't book the revenue off the cards until down the road when customers use them at store, but all that cash is available to the company.
Dec. 16, 2013, 8:34 AM
Dec. 13, 2013, 7:51 AM| 10 Comments
Dec. 10, 2013, 12:34 PM
- Starbucks (SBUX -3.1%) dips to its lowest level since mid-October as sentiment sours a bit on a Wall Street favorite (19 Buy/Overweight ratings vs. 0 Sells).
- ITG forecasts same-store sales for the Americas region in FQ1 will be 5%-6% to miss the consensus estimate of analysts for a 6.6% gain.
- An overall slight deceleration in sales momentum is also noted by the research firm.
- The dip in SBUX shares brings into play the thesis by SA contributor Stock Traders Daily that the stock is set up for a technical breakdown.
Dec. 10, 2013, 10:44 AM| 5 Comments
Dec. 9, 2013, 8:29 AM
- McDonald's (MCD) falls in early trading after the restaurant chain sees the impact of price increases and a positive mix in the U.S. dwarfed by weaker traffic trends.
- As one of the first reads on the fast-food industry for November, there could be some debate on if McDonald's lost market share in the U.S. or if the whole sector is being pulled down by cautious consumers.
- On watch: Burger chains BKW, WEN, SONC, JACK could see extra volatility due to the poor performance of McDonald's in the U.S. Starbucks (SBUX), Chipotle (CMG), and Panera Bread (PNRA) will also be watched as their performance over the same November period could trail analysts estimates with Black Friday shopping more restrained this year.
- MCD -0.6% premarket.
SBUX vs. ETF Alternatives
Starbucks Corp is the roaster, marketer & retailer of specialty coffee in the world, operating in 65 countries. It sells a variety of coffee & tea products. It sells goods and services under brands under Teavana, Tazo, Seattle's Best Coffee, etc.
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