Fed holds rates as it warns fight against inflation has hit a bump
The US is not suffering from “stagflation” and is growing well despite stubborn inflation, Federal Reserve chairman Jerome Powell has said.
Source: yahoo.com
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Starbucks Reports Q1 Fiscal 2024 Results
Q1 Consolidated Net Revenues Up 8% to a Record $9.4 Billion Q1 Comparable Store Sales Up 5% Globally; Up 5% in North America; Up 7% in International Q1 GAAP EPS Up 22% to $0.90; Non-GAAP EPS Up 20%...
Source: marketscreener.com
Grupo Bimbo's Servitje joins Starbucks' Board of Directors
Starbucks is tapping the operational expertise of Daniel Servijte – along with the media streaming knowhow of YouTube’s Neal Mohan and the consumer tech proficiency of T-Mobile’s Mike Sievert – to guide its Reinvention Strategy.
Source: bakeryandsnacks.com
Top Wall Street analysts are upbeat about these dividend stocks
TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Starbucks and Diamondback Energy.
Source: nbcmiami.com
Starbucks Vietnam opens first community store
Starbucks has established its first community store in Hanoi, Vietnam, as part of a 10-year celebration of its entry into the market.
Source: insideretail.asia