Starbucks Corporation (SBUX)
| Market Cap | 87.03B |
| Revenue (ttm) | 36.53B |
| Net Income (ttm) | 4.16B |
| Shares Out | 1.13B |
| EPS (ttm) | 3.63 |
| PE Ratio | 21.17 |
| Forward PE | 19.99 |
| Dividend | $2.28 (2.97%) |
| Ex-Dividend Date | Aug 16, 2024 |
| Volume | 7,684,108 |
| Open | 77.12 |
| Previous Close | 77.13 |
| Day's Range | 76.28 - 77.21 |
| 52-Week Range | 71.80 - 107.66 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 95.25 (+23.98%) |
| Earnings Date | Jul 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 $95.25, which is an increase of 23.98% from the latest price.
News
Workers at Edmonton's Kingsway Ave. Starbucks vote to join the United Steelworkers union
EDMONTON, Alberta, July 02, 2024 (GLOBE NEWSWIRE) -- Starbucks workers at the Kingsway Ave. & 117 St. store in Edmonton have voted to join the United Steelworkers (USW) union.
Inside Starbucks' plans to improve stores
CNBC's Kate Rogers with an exclusive look at changes being implemented in Starbucks stores to improve the experience for baristas and customers as the company's app opens up to non-Rewards members in ...
AI In The Drive-Thru: Chipotle, Starbucks, McDonald's Lead The Charge
Artificial intelligence (AI) is revolutionizing the restaurant industry.
Inside Starbucks' plans to improve stores for customers and baristas
Starbucks' baristas have begun to implement the “Siren Craft System,” a series of changes in how orders are processed and made. As some Americans have become cost conscious in the face of ongoing infl...
Options Corner: MU, SBUX, TSLA
Tom White looks at some unusual options activity in Micron (MU), Starbucks (SBUX) and Tesla (TSLA). He's neutral to bullish on Micron (MU), bearish on Starbucks (SBUX), and bullish on Tesla (TSLA).
Starbucks Is Re-figuring, Not Devaluing, Its Own Brand
A few major foodservice retailers have been dropping their prices, following moves in other sectors of retail like grocery to lean toward discounts as cash-strapped customers continue to struggle with...
Why Your Starbucks Frappuccino Is Now Half-Price
Starbucks's grande Caramel Frappuccino is typically listed at around $5.65 on the chain's menu boards. These days, many customers pay about half that price.
Starbucks Declares Quarterly Cash Dividend
SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.57 per share of outstanding Common Stock. The di...
The Supreme Court sided with Starbucks in its labor dispute. One expert says it probably won't stop people from unionizing.
The Supreme Court on Thursday sided with coffee chain Starbucks Corp. in a case stemming from the firing of seven workers at a Memphis store who were trying to unionize — a ruling that could make it t...
Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports
Coca-Cola and Starbucks have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting in response to Moscow's invasion of Ukraine in 2022, domestic...
Supreme Court sides with Starbucks in case over fired pro-union workers
The Supreme Court issued an 8-1 ruling Thursday that sided with Starbucks by vacating an injunction sought by the NLRB to require the coffee giant to rehire fired pro-union workers.
Starbucks Wins Supreme Court Case Over Fired Pro-Union Workers
Starbucks (SBUX) shares rose Thursday as the U.S. Supreme Court ruled in favor of the world's biggest coffee chain in a dispute over fired pro-union employees in Tennessee.
Final Trades: Freeport-McMoran, Qualcomm, Caterpillar and Starbucks
The Investment Committee gives you their top stocks to watch for the second half.
Supreme Court backs Starbucks over fired pro-union workers
Hundreds of complaints have been filed with the NLRB accusing Starbucks of unlawful labor practices such as firing union supporters.
US supreme court sides with Starbucks in union case over fired employees
Justices throw out lower court's approval of injunction ordering coffee chain to rehire seven employees
US Supreme Court backs Starbucks over fired pro-union workers
The U.S. Supreme Court sided on Thursday with Starbucks in the coffee chain's challenge to a judicial order to rehire seven Memphis employees fired as they sought to unionize in a ruling that could ma...
Supreme Court Ruling in Starbucks Case Curbs Labor Regulation
In a blow to the National Labor Relations Board, the justices cited inconsistent standards for courts to order employers to reinstate fired workers.
Starbucks Joins 'Value Meal' Trend With Lower-Priced Offers
Starbucks (SBUX) has become the latest chain to join the "value meal" trend with the launch of lower-priced offers in an effort to bring in consumers feeling the pressure of inflation.
Starbucks is the latest brand to launch its own movie studio
Move over, Paramount Pictures. Starbucks is coming to Hollywood.
Starbucks founder says Steve Jobs told him to fire executive team: 'He was right'
Three-time Starbucks CEO Howard Schultz recalled the moment that Steve Jobs told him to fire his entire executive team. Within six to nine months, most of them were gone, he said.
Coffee's future lies in fancier ingredients and younger consumers, analysts say, as daily consumption dips
For many Americans, life doesn't make sense until the day's first cup of coffee. But over the past decade, its popularity has barely budged.
Can Starbucks' Stock Rise 55% To Its Pre-Inflation Shock Highs?
[Note: Starbucks' fiscal year 2023 ended October 1]
Starbucks Teams With Grubhub for Home Delivery
After posting disappointing quarterly results, Starbucks (SBUX) is trying to boost sales by striking a deal to have its frappuccinos and lattes delivered to U.S. customers' doors by food delivery gian...
Grubhub to Offer Starbucks Delivery Across US
Consumers across the United States will soon be able to have Starbucks orders delivered to their door by Grubhub. The coffee retailer and the food ordering and delivery marketplace announced their new...
Starbucks and Grubhub Team Up on Delivery. One of Them Might Benefit More.
The coffee chain continues to become a more convenience-focused brand.