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Stockreport

Goldman Sachs Advises ‘Think Selective' on Restaurant Stocks — Here Are 2 Names to Consider [Yahoo! Finance]

Starbucks Corporation (SBUX)  More Company Research Source: Yahoo! Finance
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
These include mixed consumer data and growing fatigue concerning higher restaurant prices, both in absolute terms and compared to grocery costs. Amidst these conditions, Goldman Sachs analyst Christine Cho is taking a ‘selectively constructive' attitude as she kicks off her firm's coverage of the restaurant sector. Her outlook balances a broad belief in resilient business dynamics bolstering the industry overall, with targeted insights favoring specific stocks poised for strength. “We hold a selectively constructive view of the restaurants, as we believe spending will continue to grow and expand share of PCE (personal consumption expenditures) given still-steady spending outlook and more permanent behavior shifts post-covid (i.e., digital, convenience) acting as long-term tailwinds,” Cho noted. The analyst goes on to lay out the generally supportive factors for the sector: “Traffic and unit growth will become an increasingly important part of the restaurants' growth equation, dr [Read more]

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Stockreport

Goldman Sachs Advises ‘Think Selective' on Restaurant Stocks — Here Are 2 Names to Consider [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
These include mixed consumer data and growing fatigue concerning higher restaurant prices, both in absolute terms and compared to grocery costs. Amidst these conditions, Goldman Sachs analyst Christine Cho is taking a ‘selectively constructive' attitude as she kicks off her firm's coverage of the restaurant sector. Her outlook balances a broad belief in resilient business dynamics bolstering the industry overall, with targeted insights favoring specific stocks poised for strength. “We hold a selectively constructive view of the restaurants, as we believe spending will continue to grow and expand share of PCE (personal consumption expenditures) given still-steady spending outlook and more permanent behavior shifts post-covid (i.e., digital, convenience) acting as long-term tailwinds,” Cho noted. The analyst goes on to lay out the generally supportive factors for the sector: “Traffic and unit growth will become an increasingly important part of the restaurants' growth equation, dr [Read more]

IMPACT SNAPSHOT
EVENT TIME:
SBUX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS