Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks raised its full-year earnings outlook after reporting fourth consecutive quarter of same-store sales growth, with shares jumping more than 9% in extended trading.
Starbucks raised its full-year earnings outlook after reporting fourth consecutive quarter of same-store sales growth, with shares jumping more than 9% in extended trading.
Chipotle raised its 2026 same-store sales forecast to low single-digit growth after beating analyst expectations, signaling success in winning back customers despite inflationary pressures.
Qualcomm reported in-line fiscal third-quarter earnings but provided light forward guidance due to memory supply constraints, announcing price increases beginning September 1.
Carvana’s stock fell 15% after the auto retailer provided full-year earnings guidance between $2.7 billion and $3 billion, disappointing Wall Street expectations ranging up to $4.45 billion.
United Airlines beat second-quarter earnings estimates but warned that surging fuel costs could add nearly $6 billion to annual expenses, with jet fuel prices up 34% in July amid U.S.-Iran tensions.
UnitedHealth posted second-quarter earnings that surpassed estimates and raised its full-year profit outlook to $19.50-$20 per share, citing improved cost management and AI-driven operational efficiency.