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.
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock