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
1 Chip Stock Making Bold Plans »
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A $5 Coffee Habit Compounded 40,000% Yet Wall Street Still Cheers the Layoffs »
Starbucks compounded 40,000% since its 1992 IPO. Wall Street cheered as CEO Brian Niccol announced 300 more layoffs.
Venti problems? Coffee chain disruptors 7 Brew, Blank Street, and Scooter's are creating buzz »
Starbucks to Cut 300 Corporate Jobs as Turnaround Efforts Continue »
Starbucks Corporation (NASDAQ:SBUX) is included among the 11 Best Rising Dividend Stocks to Buy Right Now. On May 15, CNBC reported that Starbucks Corporation (NASDAQ:SBUX) is making another round of corporate job cuts as the company pushes ahead with its turnaround strategy under CEO Brian Niccol. The coffee chain said it will eliminate 300 US […]
Starbucks to open first corporate office in India for tech expansion »
Investing.com -- Starbucks Corp (NASDAQ:SBUX) plans to establish a new technology office in India as part of an ongoing corporate strategy to slice $2 billion in expenditures, according to a Bloomberg report citing an internal employee memo.
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...