Trading Profile: Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. The company’s stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water. Its stores also provide fresh food offerings; ready-to-drink beverages; and various food products, such as pastries, and breakfast sandwiches and lunch items, as well as beverage-making equipment and accessories. In addition, it licenses the rights to produce and distribute Starbucks branded products to The North American Coffee Partnership with the Pepsi-Cola Company, as well as licenses its trademarks through licensed stores, and grocery and national foodservice accounts. The company offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Starbucks VIA, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks Discoveries Iced Café Favorites brand names. As of September 22, 2015, it operated 22,000 stores. Starbucks Corporation was founded in 1985 and is based in Seattle, Washington.
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Recent SBUX News from Yahoo Finance & Seeking Alpha
Starbucks scraps AI inventory tool after nine months »
The coffee chain is reverting to manual counts nine months after deploying the tool across North American stores
SpaceX, OpenAI, Anthropic: Investors are 'better off' waiting for IPOs »
Private markets are in focus, with initial public offerings (IPOs) from Anthropic (ANTH.PVT), OpenAI (OPAI.PVT), and SpaceX (SPAX.PVT) on the horizon. Powers Advisory Group managing partner Matt Powers joins Yahoo Finance to explain why he says investors should wait to buy into these names.
Starbucks Rethinks AI Inventory Rollout »
The coffee chain paused the system after workers reported stocking problems.
The Starbucks brand faces more backlash in South Korea »
Starbucks withdraws AI inventory tool after errors – report »
The tool was rolled out under CEO Brian Niccol in an effort to address continuing stock shortfalls.
Older Archived News Starbucks Corp
- Stocks Struggle for Gains as Crude Tumbles.
- Stocks in 'Pause Mode' Ahead of Fed's March Meeting.
- 3 Services Stocks Pushing Sector Growth.
- One Reason Starbucks (SBUX) Stock is Slipping Today.
- Facebook to Abandon U.K. Tax-Reduction Scheme (FB, FCAU).
- Will Starbucks (SBUX) Stock Be Helped by South Africa Expansion?.
- Stocks, Oil Struggle for Direction in Choppy Trade.
- Stocks Turn Higher Though Crude Losses Accelerate.
- Starbucks' Former COO Alstead Resigns After a Year on Leave.
- Starbucks Rewards Program Grows to 30% of U.S. Purchases: Chart.Load More News...