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
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
Starbucks Puts $1.2B Behind North American Store Refresh »
Starbucks store refresh will reach 8,000 to 9,000 locations, using lower-cost renovations to improve seating and customer dwell time.
Brian Niccol’s Two-Year Turnaround Serves Up Sales Growth for Starbucks »
The CEO's “Back to Starbucks” plan focuses on cost savings that are partly reinvested in creating a community coffee-house vibe in stores.
Sector Update: Consumer Stocks Mixed Late Afternoon »
Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Se
Older Archived News Starbucks Corp
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- 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...