June 10, 2020 @ 7:27 pm | Breaking News, SBUX |
Today, June 10, Â Starbucks (SBUX) CEO Kevin Johnson wrote in an open letter to customers and investors that the company expects to lose more than $3 billion in revenue in its fiscal third quarter, which ends on June 28, due to the coronavirus pandemic. (The company...
June 25, 2018 @ 7:29 pm | Breaking News, Jubak Picks Portfolio, SBUX, Sell |
One of my core beliefs after running the Jubak Picks portfolio for more than 20 years now is that when the reason I picked a stock to buy evaporates, then it’s time to sell. So today (June 21) I’m selling Starbucks (SBUX) out of my Jubak Picks portfolio....
January 29, 2018 @ 6:45 pm | Breaking News, Jubak Picks Portfolio, SBUX, Update |
Blame it on Christmas Tree Frappuccino. On Thursday, January 25, after the market close Starbucks (SBUX) reported December (fiscal 2018 first quarter) earnings of 58 cents a share (excluding one-time tax benefits.) The results were ugly on the revenue side where  the...