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Stock impact report

Coffee Makers Were Betting on Lower Prices — They Were Wrong [Yahoo! Finance]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
Chicago Transit Faces ‘Doomsday Scenario,' Regional Agency Says They Built a Secret Apartment in a Mall. Now the Mall Is Dying. LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs New York Subway Ditches MetroCard After 32 Years for Tap-And-Go Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style Companies that typically take positions in the futures market to protect themselves from price fluctuations changed course when prices began rising last year, betting they could secure a better deal later. But supply shortages persisted and prices kept climbing, leaving companies from JDE Peet's NV to Starbucks Corp. no option but to raise costs for consumers. Now, one proxy for buyer hedging is near the lowest level in more than 11 years and roasters are expected to pass their much higher costs onto consumers who are already paying the most ever for coffee. Average prices for a pound of ground roast coffee reached a record $7.25 a pound in February, accord Show less Read more
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