Starbucks Corporation (SBUX)
| Market Cap | 85.40B |
| Revenue (ttm) | 36.53B |
| Net Income (ttm) | 4.16B |
| Shares Out | 1.13B |
| EPS (ttm) | 3.63 |
| PE Ratio | 20.92 |
| Forward PE | 17.12 |
| Dividend | $2.28 (3.02%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 2,509,318 |
| Open | 75.90 |
| Previous Close | 75.63 |
| Day's Range | 75.37 - 76.03 |
| 52-Week Range | 71.80 - 107.66 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 97.15 (+28.84%) |
| Earnings Date | Apr 30, 2024 |
About SBUX
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The ... [Read more]
Financial Performance
In 2023, Starbucks's revenue was $35.98 billion, an increase of 11.55% compared to the previous year's $32.25 billion. Earnings were $4.12 billion, an increase of 25.69%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for SBUX stock is "Buy." The 12-month stock price forecast is $97.15, which is an increase of 28.84% from the latest price.
News
Four stocks to watch for macro signals
Jake Schurmeier, Harbor Capital Advisors portfolio manager, joins CNBC's 'The Exchange' to discuss what stocks he's watching, the path to a Fed rate cut, and more.
Why New Starbucks Management Has A Better Grip Than Former CEO Thinks
Like many a long-time coffee drinker from their morning pick-me-up, Howard Schultz, former chairman and CEO of Starbucks Starbucks , can't seem to walk away from the company completely no matter how m...
Starbucks trying to revive Gen Z consumer with Boba tea, says Casey Lewis
Casey Lewis, founder of trend newsletter 'After School,' joins CNBC's 'The Exchange' to discuss Gen Z spending behavior, how Pinterest has activated young consumers, and more.
Ahead of retail earnings, here's what we know about the consumer so far
Home Depot and Walmart kick off first-quarter retail earnings next week.
Author Gautam Mukunda talks headwinds facing Starbucks
Gautam Mukunda, author and lecturer, joins 'Fast Money' to talk Starbucks recent struggles including a growing boycott from pro-Palestine groups.
Starbucks has 'a branding issue' due to social media, says BofA's Sara Senatore
Sara Senatore, Bank of America senior restaurant analyst, joins CNBC's 'The Exchange' to discuss the demand from former Starbucks CEO Howard Shultz for a company revamp, how the coffee chain can impro...
Starbucks' fix needs to begin at home, former CEO Howard Schultz says
Starbucks (SBUX) saw its worst post-earnings performance since 2000 last week after its second quarter earnings fell short of Wall Street's estimates. Following the disappointing results, former CEO H...
Starbucks founder Howard Schultz shares advice for the company's sales slump on LinkedIn
Former Starbucks CEO and founder Howard Schultz says the company's leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.
Ex-Starbucks CEO Howard Schultz demands coffee chain revamp: ‘The answer does not lie in data'
Schultz wrote on Sunday that Starbucks needs to regain "a maniacal focus on the customer experience, through the eyes of a merchant."
Starbucks Needs a New Plan to Boost Sales: BI's Halen
Michael Halen, Bloomberg Intelligence senior industry analyst for consumer products, says Starbucks needs a new turnaround plan. The coffee chain cut guidance for a third straight quarter and saw sale...
Starbucks Ex-CEO Urges Leaders to Return to Stores
Starbucks' former CEO said the chain's leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its steepest drop in ...
Howard Schultz says Starbucks needs to revamp its stores after big earnings miss
In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.
Howard Schultz tells Starbucks to fix its stores and mobile app to reverse 'fall from grace'
Longtime Starbucks CEO Howard Schultz has some thoughts on Starbucks' poor sales. He said the chain needs to listen to baristas, fix its app, and focus on the customer experience.
Howard Schultz Is Giving His Successor at Starbucks Advice on LinkedIn
The former CEO calls for a “focus on customer experience” in a post after the company's earnings miss.
Down 22% YTD, What Lies Ahead For Starbucks' Stock?
[Note: Starbucks Starbucks ' fiscal year 2023 ended October 1]
As Starbucks slumps, Howard Schultz says coffee giant should ‘reinvent' mobile ordering
Howard Schultz has some suggestions to help boost Starbucks' business.
Former CEO Howard Schultz says Starbucks needs to overhaul its customer experience
A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executive said the coffee chain needs to own up to its mistakes and work harder to...
The Score: Tesla, Starbucks, Paramount and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Stocks picks for companies with 'boomerang CEOs'
Victoria Greene, G Squared Private Wealth CIO, joins CNBC's 'The Exchange' to discuss how to play three companies that have re-hired their former CEOs: Square, Disney, Under Armour, and Starbucks.
Starbucks stock sees worst post-earnings drop since 2000 following Q2 report
Starbucks (SBUX) stock has dove lower this week after the beverage giant missed second-quarter earnings estimates, the stock's worst post-earnings performance since 2000. Citi Bank Restaurant Sector A...
Starbucks Is Running Out of Americans to Drink Its Expensive Coffee
The chain is banking on foreigners, especially in China, to buy a lot more of its drinks
Starbucks has to decide whether they're an experience brand or product brand, says Peter Atwater
Peter Atwater, William and Mary adjunct lecturer of economics and ‘The Confidence Map' author, joins 'Squawk Box' to discuss the troubles facing Starbucks after the company reported the worst quarterl...
BofA's Sara Senatore explains why she's still bullish on Starbucks after major earnings miss
Sara Senatore, Bank of America, joins 'Fast Money' to share the bull case to Starbucks after the stock plummeted on disappointing earnings.
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.