Price Crosses Moving Average. Starbucks Corp. Starbucks is guiding for first-quarter earnings per share in the range of 32 cents to 37 cents, and adjusted EPS of 50 cents to 55 cents. Global coffee giant Starbucks is one of top growth stocks to watch in , but is it a buy in the current stock market rally? Starbucks' SBUX fiscal first-quarter top line is likely to be impacted by store closures, reduced operating hours, dismal customer traffic and heightened competition within the coffee segment. Yahoo Finance. Sign in. Sign in to view your mail.
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Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. As the world's largest coffeehouse chain , Starbucks is seen to be the main representation of the United States' second wave of coffee culture. Starbucks locations serve hot and cold drinks, whole-bean coffee, microground instant coffee known as VIA, espresso , caffe latte , full- and loose-leaf teas including Teavana tea products, Evolution Fresh juices, Frappuccino beverages, La Boulange pastries , and snacks including items such as chips and crackers; some offerings including their annual fall launch of the Pumpkin Spice Latte are seasonal or specific to the locality of the store. During the early s, they sold the company to Howard Schultz who — after a business trip to Milan, Italy — decided to make the coffee bean store a coffeeshop serving espresso -based drinks. Schultz's first tenure as chief executive, from to , led to an aggressive expansion of the franchise, first in Seattle, then across the U. West Coast. Despite an initial economic downturn with its expansion into the Midwest and British Columbia , the company experienced revitalized prosperity with its entry into California in the early s through a series of highly publicized coffee wars. Jim Donald served as chief executive from to , orchestrating a large-scale earnings expansion.