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Stock Market & Financial Investment News

News For DF;GIS;GMCR;K;SBUX From The Last 14 Days
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April 23, 2015
16:09 EDTSBUXStarbucks sees 2015 total new store openings at 1,650 net new
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16:08 EDTSBUXStarbucks backs FY15 revenue growth 16%-18%, consensus $19.11B
Backs FY15: Global comparable store sales growth of mid-single digits; Consolidated tax rate of approximately 31% on a GAAP basis; Capital expenditures of approximately $1.4B.
16:07 EDTSBUXStarbucks reports Q2 global comparable store sales increased 7%
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16:06 EDTSBUXStarbucks sees Q4 adjusted EPS 42c-43c
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16:05 EDTSBUXStarbucks backs FY15 adjusted EPS view $1.55-$1.57, consensus $1.57
16:04 EDTSBUXStarbucks sees Q3 adjusted EPS 40c-41c, consensus 40c
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16:03 EDTSBUXStarbucks reports Q2 EPS 33c, consensus 33c
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15:00 EDTSBUXNotable companies reporting after market close
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14:56 EDTSBUXStarbucks April 49.5 weekly straddle priced for 3.2% movement into Q2
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13:08 EDTSBUXStarbucks technical notes ahead of earnings
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12:35 EDTSBUXEarnings Watch: Starbucks sees Q2 EPS 32c-33c on split-adjusted basis
Starbucks (SBUX) is scheduled to report second quarter results after the market close on Thursday, April 23, with a conference call scheduled for 5:00 pm ET. Starbucks purchases and roasts whole bean coffees and sells them, along with brewed coffees, Italian-style espresso beverages, cold blended beverages, food items, teas, and beverage-related accessories and equipment, primarily through company-operated retail stores. EXPECTATIONS: Analysts are looking for earnings per share of 33c on revenue of $4.53B, according to First Call. The consensus range for EPS is 31c-35c on revenue of $4.39B-$4.6B. LAST QUARTER: Starbucks reported first quarter EPS of 80c on revenue of $4.8B, in-line with analysts' estimates, respectively. Starbucks said global comparable store sales increased 5%, with a 2% increase in traffic. The company said comparable store transactions increased by nearly 9M in the U.S. and nearly 12M globally, year-over-year. In conjunction with its earnings release, Starbucks announced the appointment of Kevin Johnson as president and Chief Operating Officer. NEWS: At the company's Annual Meeting of Shareholders in March, the company announced a two-for-one stock split. On a split-adjusted basis, the company revised its Q2 EPS view to 32c-33c to account for the planned stock split; previous Q2 EPS guidance was 64c-65c. The company also revised its EPS guidance for fiscal year 2015 to $1.55-$1.57, which compares to analysts' estimates of $1.57; the company's pre-split FY15 EPS view was $3.09-$3.13. At the meeting, Starbucks announced two delivery models, including a collaboration with Postmates, which will allow customers to order their food and beverage items via the Starbucks mobile app, and a "Green Apron" barista delivery option enabling customers within specified office-buildings to order food and beverages for delivery. Starbucks also reaffirmed its goal to grow its market capitalization to $100B and announced an agreement with Chinese food and beverage producer Tingyi Holding to manufacture and expand the distribution of Starbucks ready-to-drink products throughout mainland China. During the quarter, Evolution Fresh, a unit of Starbucks, and Dannon (DANOY) said they would launch co-branded yogurt products. They said they planned to launch Evolution Fresh Smoothies in 4,300 Starbucks stores in the Pacific Northwest, Northern California and in select Starbucks locations within grocery stores nationwide. Starbucks raised suspicions among European regulators and local governments by reporting losses despite hundreds of millions of dollars in annual sales, The Wall Street Journal reported in early April. STREET RESEARCH: BMO Capital recently initiated Starbucks with an Outperform rating, citing what it sees as the company's many growth opportunities. Shares were also recently initiated at Guggenheim with a Buy rating and $56 target and with an Outperform rating and $56 target at Cowen. Goldman said Starbucks is its top pick in the sector and expects an in-line earnings report. Additionally, the firm expects Starbucks to comment on mobile ordering and the potential for traffic acceleration in the back half of the year and into 2016. Piper Jaffray raised its split-adjusted price target for shares of Starbucks to $55 from $53, which implies 16% upside from current levels. Piper's five-year model suggests the company's earnings double. The firm has an Overweight rating on the stock. Bernstein increased its price target on Starbucks as the firm estimates that falling coffee prices will add at least 3c-4c to the company's fiscal 2016 EPS. PRICE ACTION: Ahead of Thursday afternoon's earnings report, shares are up about 1.2% to $48.93.
12:06 EDTSBUXStreet Check: Goldman made good call on Dunkin' Brands
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April 22, 2015
14:57 EDTSBUXStarbucks April weekly volatility increases into Q2 and outlook
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05:58 EDTGMCRStocks with implied volatility above IV index mean; MNKD GMCR
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April 21, 2015
06:03 EDTGMCRStocks with implied volatility above IV index mean; MNKD GMCR
Stocks with implied volatility above IV index mean; MannKind (MNKD) 75, Keurig Green Mountain (GMCR) 52 according to iVolatility.
April 20, 2015
16:13 EDTSBUXEvolution Fresh announces new suite of fruit and vegetable juices
Evolution Fresh, a Starbucks company, announced a new suite of fruit and vegetable juices in 11 fl. oz. bottles. Available nationwide on grocery shelves this spring, this new line includes five new cold-pressed juice blends and one current favorite, adding even more variety to Evolution Fresh’s portfolio of 42 cold-pressed juices available in original 15.2 fl. oz. and multi-serve bottles. The new varieties are available for a suggested retail price of $3.99-$4.79 at grocery stores nationwide.
10:00 EDTGISOn The Fly: Analyst Upgrade Summary
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08:10 EDTGMCRKeurig Green Mountain valuation compelling, says Morgan Stanley
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06:20 EDTGISGeneral Mills upgraded to Neutral from Sell at Goldman
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06:06 EDTGMCRStocks with implied volatility above IV index mean; MNKD GMCR
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