Starbucks (NASDAQ:SBUX) offers buy one, get one deal between 2 and 5 p.m. on November 15 through 18

  on Nov 15,2012 Posted in Business News ,Finance
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We haven’t even gotten to Thanksgiving yet, and Starbucks Corporation (NASDAQ:SBUX) is already getting into the Christmas spirit.

The U.S. coffee chain’s iconic holiday drinks are set to be offered in stores on November 15, including hot, iced and blended versions of the Peppermint Mocha, Gingerbread Latte, Eggnog Latte, Caramel Brulée Latte and Skinny Peppermint Mocha.

Also, a few new items will be available this year including the Christmas Blend Blonde Roast, which is a woodsy blend of brown sugar, oranges and allspice. SBUX’s Peppermint Mocha, which until now was sold as a handcrafted option, would now be offered in VIA, the chain’s newish microground product. Those who still need enticement should visit stores in the U.S. and Canada as they are offering a “buy one, get one” deal for people who show up between 2 and 5 p.m. on November 15 through 18.

During the recent trading activity Starbucks Corporation (NASDAQ:SBUX) held volume of 11.00 million shares with 760.00 million shares outstanding and 749.96 million shares floated in market. P/E ratio of the company was 27.28 and in the past twelve months company scored revenue of $13.30 billion and had $1.38 billion in earnings. The stock gave a gross margin of +26.83% whereas operating margin was +15.02%.

Starbucks kicked off the trading session at $50.00 and during the session edged down -2.92% and finally settled at $48.84. The latest dividend per share paid to stockholders in recent quarter, also known as div/yield was 1.72% for the firm. Beta value, the measure of stock’s risk in relation to its market or alternative benchmark was 1.23.

The services sector firm’s top rivals include Panera Bread Co (NASDAQ:PNRA) that fell -3.19% to $159.54 with the total traded volume of 402,286.00 shares and Caribou Coffee Company, Inc. (NASDAQ:CBOU) that dropped -3.37% to $11.19 with the total traded volume of 176,960.00 shares.

SBUX is ahead of its 52 weeks low with 21.61% and lagging behind from its 52 weeks high price with -20.34%. SBUX’s last month’s stock price volatility remained 2.16%. The stock price of SBUX is moving down from its 20 days moving average with +1.47% and remote negatively from 50 days moving average with -0.38%.



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