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Tuesday, January 31, 2023

The Struggling US Consumer -- If Only -- January 31, 2023

SNAP beats estimates Fourteen cents vs eleven cents estimate.

Starbucks: reports later this week.  Least expensive coffee at Starbucks? $2.85 (or thereabouts -- I was just there two days ago). At home, K-Cup, at Amazon, as low as 27 cents. Starbucks -- 10x K-Cup.

McDonald's: link here. Reminder: a $10 McDonald's meal costs about $2.50 when homemade. A pancake breakfast at home has even bigger savings.

Link here.

GM: before market open; $1.74 vs $1.68; beats, shares up. $1.39. Shares surge on news. Link here. Link here.



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