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 Cuts Another 300 Jobs Amid $2 Billion Cost Reduction Push »
The coffee chain is closing regional offices and recording $400 million in restructuring charges as Brian Niccol advances turnaround plans.
Is Starbucks (SBUX) Stock Outpacing Its Retail-Wholesale Peers This Year? »
Here is how Starbucks (SBUX) and Tapestry (TPR) have performed compared to their sector so far this year.
America’s shoppers are seeking revenge again »
Consumers have never hated an economy as much as this one, and they’re taking out their frustrations by doing what they do best.
Why High Earners Feel Broke — And How They Can Feel Rich Again »
Making six figures or even more a year and still feel broke? You're not alone among high earners.
Global Partners taps Starbucks vet to lead retail operations »
Emily Filc had spent the past 22 years with the coffee powerhouse, the last seven of which were as regional director of operations.
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...