Starbucks (NASDAQ: SBUX) reported first-quarter 2021 financial results after the regular market hours on Tuesday. The coffee chain reported first-quarter revenue of $6.75 billion, down 5% year-over-year and lower than the Wall Street projection. Meanwhile, net income of $0.61 per share was higher than what analysts had anticipated.
SBUX shares fell 1% immediately following the announcement. The stock has gained 18% in the trailing 12 months.
“Our results demonstrate the continued strength and relevance of our brand, the effectiveness of the actions we’ve taken to adapt to changes in consumer behavior and the steadfast commitment of our green apron partners to serve our customers and communities,” CEO Kevin Johnson said in a statement.
Prior performance
Most Popular
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
