Retail Sentiment Dips Most For Starbucks, Enphase Energy, McDonald’s In Pre-Market Trading

Starbucks Corp. ($SBUX)

Starbucks shares fell nearly 5% pre-market after the company’s preliminary earnings report revealed a 7% decline in same-store sales for the fourth quarter — its steepest drop since the pandemic. This marks the third consecutive quarter of falling sales, which the company attributed to reduced foot traffic, a cautious consumer environment, and its recent accelerated investments failing to improve customer behaviors. Additionally, challenges in China’s macro and competitive environment compounded the issue. 

On Stocktwits, retail sentiment for Starbucks dropped from ‘bullish’ to ‘neutral’ (53/100) as of pre-market Wednesday.

Enphase Energy ($ENPH)

Enphase Energy shares plunged over 13% pre-market following a disappointing Q3 earnings report and weak guidance for Q4. Despite a 43% increase in U.S. revenue quarter-over-quarter, driven by higher shipments to distributors, Enphase’s European revenue dropped 15% due to weakening demand. 

Retail sentiment for Enphase on Stocktwits crashed to an ‘extremely bearish’ score (9/100), the lowest this year.

McDonald’s Corp. ($MCD)

McDonald’s shares slumped over 7% in pre-market trading after the CDC linked an E. coli outbreak to the company’s Quarter Pounder hamburgers. The outbreak, affecting 49 people across 10 states, resulted in 10 hospitalizations and one death, with most cases reported in Colorado and Nebraska. 

Retail sentiment for McDonald’s shifted from ‘extremely bullish’ to ‘neutral’ in premarket trading.

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