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Benzinga
204 days

Starbucks Cracks Down On Freeloaders As Sales Slide, Stock Stays Bullish Ahead Of Q1 Earnings

1. Starbucks restricts café access to paying customers amid falling transactions. 2. Transaction volume fell 5% in North America, marking a pandemic-era low. 3. EPS for the upcoming report is estimated at $0.67 with $9.32 billion revenue. 4. Despite controversies, analysts indicate strong bullish momentum in stock performance. 5. Moving averages indicate potential upside, though upcoming earnings could change outlook.

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FAQ

Why Bullish?

Investor sentiment remains strong despite recent policy changes and falling transactions.

How important is it?

The article highlights critical changes and insights that could affect Starbucks' pricing.

Why Short Term?

Upcoming earnings report could significantly influence stock performance quickly.

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