Starbucks Corporation (SBUX)
| Market Cap | 115.09B |
| Revenue (ttm) | 36.18B |
| Net Income (ttm) | 3.76B |
| Shares Out | 1.13B |
| EPS (ttm) | 3.31 |
| PE Ratio | 30.67 |
| Forward PE | 32.57 |
| Dividend | $2.44 (2.40%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 4,849,805 |
| Open | 100.75 |
| Previous Close | 100.68 |
| Day's Range | 100.72 - 102.03 |
| 52-Week Range | 71.55 - 103.32 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 103.88 (+2.34%) |
| Earnings Date | Oct 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, tea, and other 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 accoun... [Read more]
Financial Performance
In 2024, Starbucks's revenue was $36.18 billion, an increase of 0.56% compared to the previous year's $35.98 billion. Earnings were $3.76 billion, a decrease of -8.82%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for SBUX stock is "Buy." The 12-month stock price forecast is $103.88, which is an increase of 2.34% from the latest price.
News
The Big 3: EEM, WFC, SBUX
Ahead of the Thanksgiving holiday, Don Kaufman fills up his plate with a few example options trading ideas in the iShares Emerging Markets ETF (EEM), Wells Fargo (WFC) and Starbucks (SBUX). Rick Ducat...
Starbucks slashes holiday bonuses 40% as coffee chain suffers worst year since pandemic: report
Many of the coffee chain's corporate workers will only be paid 60% of their overall bonuses, according to a report.
Dutch Bros: Getting Right Everything Starbucks Is Getting Wrong
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Starbucks workers to get just 60% bonus due to weaker company performance: Report
CNBC's Andrew Ross Sorkin reports on the latest news.
Ransomware attack leaves Starbucks using pens and paper to track employee hours
Starbucks' payment and scheduling system has been hit with a ransomware attack. The coffee company issued guidance for workers about how to handle pay disruptions caused by the outage.
Starbucks baristas can't view their schedules after ransomware attack on vendor
Starbucks baristas aren't able to view and manage their schedules because of a ransomware attack on one of the company's vendors. The coffee company said its store leaders and baristas are working aro...
Starbucks faces disruptions following ransomware attack on software supplier
Starbucks said the aftermath of a ransomware attack on a software supplier has been affecting its ability to pay baristas and manage their schedules, the company's spokesperson said on Monday.
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Can Starbucks fix long lines at its airport cafes?
New Starbucks CEO Brian Niccol is tasked with reversing the coffee giant's sales slump. He said airports, where consumers often face long lines, are one area in particular that could be improved.
Starbucks considers stake sale in China: What it means for SBUX stock
Starbucks' (SBUX) stock rose by 1.8% on Thursday, following reports that the coffee giant is exploring the sale of a stake in its Chinese operations. This potential move, aimed at fostering growth in ...
Bloomberg Opinion: Why Starbucks Struggles With Luckin Model in China
Starbucks is said to be exploring options for its Chinese operations, including the possibility of selling a stake in the business. Sources say the firm is speaking to advisers about its growth plans ...
3-Stock Lunch: Google, Deere and Starbucks
Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss stock plays for three stocks.
Starbucks' China business is struggling. Here's how the company may give it a jolt.
Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business.
Starbucks weighs strategic partnerships for China operations
Starbucks reiterated on Thursday it is exploring strategic partnerships for its Chinese operations, after a media report saying the company is considering selling a stake in the business to a local pa...
Dividend Income: Lanny's October 2024 Summary
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Starbucks App Now Includes DoorDash-Powered Delivery
Starbucks now offers access to delivery powered by DoorDash through its own app. As of Monday (Nov. 11), customers across the United States and Canada (excluding Quebec) can order delivery through the...
What's Behind Starbucks Stock's New Sell Rating?
Starbucks stock has rallied hard since Brian Niccol was tapped as the coffee chain's new CEO, but one analyst thinks turnaround plans will be costly.
Starbucks' turnaround plan has ‘merit' but its unknown cost makes the stock a ‘sell,' analyst says
Redburn Atlantic's Edward Lewis downgrades coffee-shop giant after new Chief Executive Brian Niccol unveils his “Back to Starbucks” plan.
Former Starbucks CEO Howard Schultz says Brian Niccol's back-to-basics plan will fix slumping sales at the coffee giant
Starbucks' ex-CEO, Howard Schultz, told Fortune he trusts successor Brian Niccol to revitalize the company. Niccol plans a back-to-basics strategy as the coffee chain faces low sales.
Starbucks's new CEO is making changes — here's what customers and industry experts think of them
“It's about time they stopped charging for all the different milks,” said one restaurant-industry consultant.
How Barclays sees the restaurant space in 2024
Jeffrey Bernstein, senior restaurant analyst at Barclays, joins CNBC's 'The Exchange' to discuss why restaurants are set up well going into next year, his top restaurant stocks for 2025, and more.
Starbucks' app is down on the first day of the chain's holiday menu
Starbucks' mobile app appeared to be down during the morning coffee rush on Thursday. Some users got a message saying, "mobile ordering is currently unavailable.
17 Upcoming Dividend Increases
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Starbucks holiday drinks arrive as CEO plans to scale back standard menu
The holidays are still a bit away, but at Starbucks, you can get into the spirit starting tomorrow, November 7. That's when the coffee chain rolls out its festive holiday menu.
New Starbucks CEO Scouted Cafes Before Taking Over: What He's Tackling First
Brian Niccol is focusing on cafe operations and company affairs as he seeks quick change.