Starbucks Corporation (SBUX)
| Market Cap | 107.86B |
| Revenue (ttm) | 36.18B |
| Net Income (ttm) | 3.76B |
| Shares Out | 1.13B |
| EPS (ttm) | 3.31 |
| PE Ratio | 28.74 |
| Forward PE | 30.63 |
| Dividend | $2.44 (2.57%) |
| Ex-Dividend Date | Feb 14, 2025 |
| Volume | 8,345,920 |
| Open | 95.58 |
| Previous Close | 94.43 |
| Day's Range | 95.10 - 95.86 |
| 52-Week Range | 71.55 - 103.32 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 103.88 (+9.2%) |
| Earnings Date | Jan 28, 2025 |
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 9.20% from the latest price.
News
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
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Starbucks's turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks's promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.
Starbucks to cut corporate jobs as CEO continues overhaul of coffee giant
“Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work,” Niccol wrote.
Starbucks to trim jobs as part of turnaround strategy, says CEO
Starbucks CEO Brian Niccol said on Friday the coffee giant will cut jobs to optimize its support teams as part of the company's ongoing turnaround efforts.
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.
Starbucks lead independent director Mellody Hobson to step down
Coffee giant Starbucks said on Thursday that Mellody Hobson, the lead independent director of its board, will depart after a tenure of nearly two decades with the company.
Hanging Out At Starbucks Will Cost You As Company Reverses Its Open-Door Policy
A spokesperson for the coffee chain said the new rules are designed to help prioritize paying customers.
How Starbucks, Disney, and other companies are reacting to the LA fires
Companies are offering support to their employees and others affected by the Los Angeles wildfires. The deadly flames have burned thousands of acres and sent hundreds of thousands fleeing.
Starbucks Announces Q1 Fiscal Year 2025 Results Conference Call
SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (Nasdaq: SBUX) plans to release its first quarter fiscal year 2025 financial results after market close on Tuesday, January 28, 2025, with a conference ...
Starbucks Shines, QSR Faces Challenges: BofA's 2025 Restaurant Outlook
BofA Securities analysts Sara Senatore and Katherine Griffin expressed their views on the restaurant industry for the year ahead 2025.
Starbucks is extending its free refill policy as it tries to make customers stay longer in stores
Starbucks is extending its free refills policy to non-rewards members with reusable cups. Customers at participating stores will be eligible for a top-up of many brewed coffee and teas.
Starbucks reverses store policy with UK impact unclear
Starbucks has reversed its North American policy allowing people to sit in stores and use the loo without buying anything.
Starbucks changes open-door policy
CNBC's Joe Kernen reports on the latest news.
A bargaining breakdown and strikes: the ongoing union fight at Starbucks
Workers call proposals ‘almost laughable' with new CEO's pay package 10,000 times the median salary of barista
Starbucks says people using its coffee shops must buy something
Coffee chain reverses policy introduced in North America in 2018 that lets anyone use its facilities
Starbucks says you're going to have to buy a drink to sit around at their stores
Starbucks is reversing its open-door policy, which lets non-paying guests sit around or use its loo. This means you'll have to make a purchase — or accompany someone who does — to use Starbucks facili...
Hanging Out at Starbucks? You Now Need to Order Something
The coffee giant is reversing a policy that had allowed open access to its cafes, in a push to improve store environments.
Starbucks requiring baristas to work in LA stores near wildfires — even after one location destroyed: union
“Starbucks workers in LA are being forced to work in areas impacted by the recent wildfires – even where air quality is unsafe,” the union claimed.
Starbucks new CEO Brian Niccol orders baristas to shut down stores for mandatory 3-hour training: report
Company employees will be subject to a mandatory training titled "Welcome Back to Starbucks" between Jan. 21 and 26, according to Business Insider.
Starbucks will host a 'Welcome Back to Starbucks' training for store employees as its new CEO tries to boost sales
Starbucks is hosting a three-hour meeting for store employees later this month. The meeting will focus on ways that employees can make Starbucks "a welcoming coffeehouse" again.
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Starbucks went through big changes in 2024. The coffee chain could transform even more next year.
Starbucks underwent many changes this year, and more are likely coming in 2025. New CEO Brian Niccol will face choices about Starbucks' unionized stores and its China business.
Starbucks can be a powerful name in 2025, says Evercore ISI's David Palmer
David Palmer, Evercore ISI, joins 'Squawk on the Street' to discuss his outlook for restaurants in 2025.
Starbucks Stock Got a Boost From Its New CEO. Why Investors Are Still Jittery.
CEO Brian Niccol will likely be given at least a year for his turnaround plan to produce results. Investors should be patient.
Starbucks loses appeal of NLRB ruling that found it illegally fired baristas
A federal appeals court largely rejected Starbucks' appeal of a NLRB finding the coffee chain illegally fired two baristas because they wanted to organize a union.