September 16, 2019
  • September 16, 2019
Breaking News
  • Home
  • Markets
  • Starbucks Corporation (NASDAQ:SBUX) is closing stores and losing money in European market

Starbucks Corporation (NASDAQ:SBUX) is closing stores and losing money in European market

By on June 28, 2019 0

Starbucks Corporation (NASDAQ:SBUX) is closing stores and losing money in its most important European market. The coffee chain said Thursday that its UK business lost £17.2 million ($22 million) in the year ended September 2018, a performance it blamed partly on costs including store closures and higher wages. The business made a profit the previous year.

Starbucks Corporation (NASDAQ:SBUX), a Services sector firm, traded 6.07 Million shares in last trading session with closing price of $83.56 per share. Company gross margin stands at 58.80% whereas its return on investment (ROI) is 43.90%. Stock value has moved between $47.48 – 85.27 in last one year. Analyst’s mean target price for Starbucks Corporation (NASDAQ:SBUX) is $77.82 while analysts mean recommendation is 2.40. SBUX EPS growth this year is 70.00%. 

On last trading day, JD.com, Inc. (NASDAQ:JD) shares closed at $30.29 per share. JD market capitalization is 44131.62 with beta of 1.38. Analyst’s mean target price for JD.com, Inc. (NASDAQ:JD) is $33.37 whereas analysts mean recommendation is 2.40. Its weekly performance is 4.02% while year to date (YTD) performance is 44.72%. 

In last session The Trade Desk, Inc. (NASDAQ:TTD) traded 771924 shares and was closed at $231.45. Analyst’s mean target price for TTD is $205.88 while analysts mean recommendation is 2.10. Company is -10.29% away from its 52 week high and is moving 176.66% ahead of its 52 week low. TTD Gross Margin is 75.60% and its return on assets is 9.10%. The Trade Desk, Inc. (NASDAQ:TTD) quarterly performance is 24.10% while its price to sale ratio is 20.91. 

Ever-Glory International Group, Inc. (NASDAQ:EVK), a Consumer Goods sector firm, traded 3789 shares on last trading day with closing price of $3.04 per share. Company gross margin stands at 32.80% whereas its return on investment (ROI) is 7.00%. Stock value has moved between $2.55 – 4.22 in last one year. EVK EPS growth this year is 114.50%. 

Leave a comment