NXP Semiconductors Jumps, Wingstop Sinks, Starbucks Rises on Positive Quarterly Results
About this episode
This episode discusses the stock performance of NXP Semiconductors, Wingstop, and Starbucks based on their recent quarterly results.
On this episode of Stock Movers: -NXP Semiconductors (NXPI) shares jump after the company gave an upbeat revenue forecast, beating the average analyst estimate of $3.27 billion with a forecast of $3.35 billion to $3.55 billion. -Wingstop (WING) shares sink. The company lowered its full-year guidance and reported worst-than-expected results, confirming concerns that traffic to the chicken chain had significantly dropped off. -Starbucks (SBUX) shares rise. Starbucks Corp. is winning over American diners with cushier seats, more appetizing pastry displays and speedier service. The company reported better-than-expected quarterly results and said it now sees comparable sales rising at least 5% this year. See omnystudio.com/listener for privacy information.
Topics covered
- stock market
- quarterly results
- business performance
- revenue forecast
- company guidance
Keywords
- NXP Semiconductors
- Wingstop
- Starbucks
- quarterly results
- revenue forecast
- stock performance
- business news
Mentioned in this episode
Organizations: NXP Semiconductors, Wingstop, Starbucks, Starbucks Corp.
Products: NXPI, WING, SBUX
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