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
Another coffeehouse files for Chapter 11 as costs, prices rise »
Why your favorite cafe or coffeehouse could be next.
Starbucks’ $1 Billion Bet on Cozy Stores Faces a Margin Test »
Starbucks Corporation (NASDAQ:SBUX) is betting $1 billion that leather armchairs, rugs, and bookshelves can turn a recovering coffee business into a more profitable one. The company plans to upgrade as many as 9,000 North American stores into warmer, more comfortable spaces designed to bring back customers who stopped treating Starbucks as a place to sit […]
Starbucks CEO: “The Shine Is Back.” Should You Buy After the Stock’s 30% Jump? »
Brian Niccol just declared the turnaround complete on national television, and the stock has already moved 30% to prove it. Before you buy into his confidence, there is one valuation reality and one unresolved risk that could flip the entire thesis.
SBUX Bets on Refreshers to Boost Afternoon Traffic: Will it Pay Off? »
Starbucks is betting on Refreshers to drive afternoon traffic, but rising competition from Dutch Bros and McDonald's could test its momentum.
Update: Market Chatter: Starbucks Allots $1 Billion on Store Renovations to Woo Back Customers »
(Updates with company statement in fourth paragraph.) Starbucks (SBUX) is allotting $1 billion to
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...
