Click here to watch the full series. According to Zacks, “Shares of Starbucks have underperformed the industry in the six months. A sector with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Overall, the company continues to benefit from solid execution of several initiatives in the United States and China. To learn more, click here. Both the companies have already partnered to roll out a plant-based sandwich to Canadian locations.
Some other top-ranked stocks, which warrant a look in the same space include BJ's Restaurants, Inc. (BJRI - Free Report) , Chuy's Holdings, Inc. (CHUY - Free Report) and Jack in the Box Inc. (JACK - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
Yes! To follow SBUX in the coming trading sessions, be sure to utilize Zacks.com. NYSE and AMEX data is at least 20 minutes delayed. For the full year, our Zacks Consensus Estimates are projecting earnings of $0.98 per share and revenue of $23.36 billion, which would represent changes of -65.37% and -11.88%, respectively, from the prior year. Starbucks (SBUX) Gains But Lags Market: What You Should Know, [UPDATED] Russian Man Turns Tables on Bank, Changes Fine Print in Credit Card Agreement, Then Sues, Now Settles, US STOCKS-Tech sell-off weighs on Wall St as Powell warns on recovery, John McAfee Arrested in Spain on US Criminal Charges, Saliva-based glucose device developer GBS sets terms for $20 million IPO, #TradeTalks: How Liquidity has Shifted in 2020 #STAVirtualConference, How Goldman's Koch Is Positioning Ahead of the Election, #TradeTalks: Retail Trading Trends with TD Ameritrade Clients Increasing their Exposure to the Market, Investing Strategies: CrowdStrike CEO Insights & How To Handle Election 2020 Market Volatility, J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels, Report: Moderna and Pfizer Vaccine Trial Participants Report Serious Side Effects, What the President's Positive Covid Test Means for the Stock Market, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /^([^@\s]+)@((?:[-a-z0-9]+\. Starbucks Corporation (SBUX - Free Report) recently announced that it will include plant-based food and beverages to menus across Asia from September in a bid to attract more customers. Zacks Ranks stocks can, and often do, change throughout the month. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. It will also include meatless pork alternative known as Omnipork and popular non-dairy milk called Oatley.
For 32 years, our Strong Buy list has averaged returns more than twice the market. Learn more about Zacks Equity Research reports.
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