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Top related persons:
Jim Cramer's - 2 Jim Cramer - 2 Jim - 2 Laxman Narasimhan - 1 China comps - 1 Narasimhan - 1 Howard Schultz - 1 Gabby Jones - 1
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U.S China North America New York China comps . Maxx HomeGoods Canada
Top related orgs:
Starbucks - 2 CNBC - 2 Revenue - 1 Investors - 1 Management - 1 Bloomberg - 1 Getty - 1 Club - 1

Search resuls for: "China comps"


2 mentions found


☆ Starbucks' quarterly results reassure investors with a 'show me story'
  + stars: | 2023-11-02 | by ( Jeff Marks | ) www.cnbc.com   time to read: +7 min
Investors feared that the coffee maker's long-term targets of 10% to 12% revenue growth and 15% to 20% earnings growth were in jeopardy. And as the market lost confidence in the targets, Starbucks' stock price fell to $90 a share by the start of October — when we most recently added to our position — down from around $100 in August. But on Thursday following the results, investors heard a much more compelling story from Starbucks — forcefully pushing back against the bear case. The power of Starbucks' brand is driving strong traffic and sales growth, despite the uncertain macroeconomic environment. As such, we reiterate our 1 rating , meaning we would be buyers of Starbucks stock at these levels.
Persons: Laxman Narasimhan, China comps, Narasimhan, Howard Schultz, Jim Cramer's, Jim Cramer, Jim, Gabby Jones Organizations: Starbucks, Revenue, Investors, Management, CNBC, Bloomberg, Getty Locations: North America, U.S, China, New York
☆ A slower holiday sales season won't be a problem for these 4 consumer companies
  + stars: | 2023-11-02 | by ( Paulina Likos | ) www.cnbc.com   time to read: +8 min
Holiday sales growth is expected to be sluggish this year as shoppers continue to get squeezed by sticky inflation. "Shoppers are setting strict budgets for their holiday shopping," BofA said in a recent note. And, on Wednesday evening, the company said October net sales rose 4.5% year-over-year to $18.53 billion, continuing a streak of monthly sales growth. TJX YTD mountain TJX Companies YTD TAG expects holiday sales at off-pricers to grow 6% year over year, which would be faster than last year's 4.3% increase. Black Friday and Cyber Monday will remain popular holiday shopping events, the analysts anticipate, as more shoppers spread out their holiday purchases.
Persons: BofA, discounters, Andy Jassy, Jim Cramer's, Jim Cramer, Jim, Eduardo Munoz Organizations: Club, Bank of America, Shoppers, Starbucks, Costco, TJX Companies, BofA, China comps, comps, TJX, Marshalls, TAG, Amazon, Deal, CNBC, People Locations: China, China comps ., Maxx, HomeGoods, U.S, Canada, New York City
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