Starbucks Corp.

NASDAQ:SBUX   3:59:58 PM EDT
113.64
-0.47 (-0.41%)
5:12:49 PM EDT: $113.70 +0.06 (+0.05%)
Equity Investments, Other Pre-Announcement

Pershing Square Holdings Reports H1 EPS More Than Halved Y/Y To $3.30

Published: 08/25/2021 10:02 GMT
Starbucks Corp. (SBUX) - Said on Tuesday the Company's Net Assets Attributable to All Shareholders at June 30 Were at $9,670,364,617.
The Company's Total Indebtedness to Total Capital Ratio Was at 17.8% at June 30.
The Company Reported H1 Net Profit Attributable to Equity Shareholders at $657.7 Million Vs $1.45 Billion a Year Ago.
H1 EPS Was $3.30 Vs $7.20 a Year Ago.
End-june Nav Total Return per Share Increased 7.3% and 5.8%respectively, Compared With the S&p's Half-year and Year-to-date Total Return of 15.2% and 19.5%.
"we Believe That Over the Long-term, Psh Will Continue to Outperform Our Benchmark".
Year-to-date Results Have Been Driven by the Positive Performance of Core Portfolio Holdings As Their Strong Operating Results Have Contributed to Their Stock Price Increases.
The Most Significant Investment of the Year is Psh and Affiliates' Recent Acquisition of 7.1% of Universal Music Group From Vivendi Nl1n2ph1wo.
Billionaire Investor William Ackman, Who Owns 19.5% of the Company According to Refinitiv Data, Through His Hedge Funds Promised to Purchase Between 5% and 10% of Umg by Mid-september Nl1n2pv29m.
Psh Also Disclosed It Exited Its Position in Starbucks and Initiated a Position in Domino's Pizza During H1, and Exited Its Position in Agilent Technologies After the End of H1.