Tuesday 28 June 2022
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Starbucks reports 2Q global same store sales up 15%, raises guidance for fiscal year 2021

MILAN – Starbucks reported fiscal second-quarter earnings results for 13-week ended March 28, 2021, after the closing bell on Tuesday. Global same-store sales rebounded...

Starbucks reaffirms guidance with significant rebound in FY21, outsized growth for FY22

SEATTLE, U.S. – Starbucks hosted on December 9, 2020, its biennial Investor Day virtually. Chief executive officer Kevin Johnson and other Starbucks leaders outlined...

Cma issues guidance for transitional arrangements in the Kenyan coffee sector

NAIROBI, Kenya – In order to facilitate transitional arrangements in the coffee sector, the Capital Markets Authority (CMA) has issued guidance to support sector...

Starbucks sees pandemic to drag down 3Q revenue by as much as $3.2 billion

MILAN – As a result of the COVID-19 health crisis, Starbucks said Wednesday it expects a loss in revenue for its fiscal third quarter...

Nestlé reports best sales growth in years (+4.3%) on coronavirus stockpiling

MILAN – Swiss food giant Nestle reported its best quarterly sales growth in five years on Friday as consumers bought everything from Purina pet...

Starbucks shares tumbled Wednesday after lower than expected growth forecast

MILAN — Starbucks shares tumbled Wednesday after the company revised downwards its earnings projection for 2020. Starbucks Corp. shares were down 0.5% in active...

Nestlé first half results miss expectations

Nestlé is counting on new products and price increases in the rest of 2016 to meet its full-year sales growth target after price pressures...

USA – Krispy Kreme reaffirms earnings guidance for fiscal 2015, announces earnings guidance for fiscal 2016

WINSTON-SALEM, N.C. – Krispy Kreme Doughnuts, Inc. (the “Company”) has reaffirmed its earnings guidance for fiscal 2015 (ending February 1, 2015) and announced earnings...

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