Starbucks Corporation (SBUX)
Market Cap | 99.74B |
Revenue (ttm) | 36.18B |
Net Income (ttm) | 3.76B |
Shares Out | 1.13B |
EPS (ttm) | 3.31 |
PE Ratio | 26.58 |
Forward PE | 28.26 |
Dividend | $2.44 (2.77%) |
Ex-Dividend Date | Feb 14, 2025 |
Volume | 25,189,360 |
Open | 87.90 |
Previous Close | 88.76 |
Day's Range | 87.07 - 89.16 |
52-Week Range | 71.55 - 103.32 |
Beta | 0.96 |
Analysts | Buy |
Price Target | 103.88 (+18.09%) |
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 18.09% from the latest price.
News
Starbucks says workers' pay demands ‘not sustainable' as union strikes
"We are ready to continue negotiations to reach agreements," the company added. "We need the union to return to the table.
Starbucks workers begin strike ahead of crucial holiday season
The Starbucks Workers United union says baristas will go on strike in three major U.S. cities. Transcript: CONWAY GITTENS: I'm Conway Gittens reporting from the New York Stock Exchange.
Starbucks Baristas Begin Strike in Several U.S. Cities
Starbucks' (SBUX) unionized baristas in Chicago, Los Angeles, and Seattle have walked off the job in a pay dispute, with the union representing them saying the strike will be expanded “from coast to c...
Starbucks Workers Strike In 3 Cities, Threaten More Walkouts By Christmas Eve
A union representing workers at over 500 stores is closing in on a deal with the coffee chain, but the two sides are at odds over pay.
Starbucks Workers Start Holiday Strike—What To Know And Where Workers Are Picketing
Starbucks baristas at about 15 locations in Los Angeles, Chicago and Seattle walked off the job Friday morning in a holiday strike they say will spread to hundreds of stores by Christmas Eve next Tues...
Starbucks baristas strike in three U.S. cities during pre-Christmas rush
Starbucks baristas are striking in Los Angeles, Chicago and Seattle. Starbucks Workers United is pushing for better pay for baristas as it negotiates with the company.
Starbucks union begins strike: Here's what to know
CNBC's Becky Quick reports on the latest news.
Starbucks Workers Say They Will Begin a Strike in 3 Cities on Friday
The planned walkout in Los Angeles, Chicago and Seattle comes after talks between the company and the workers' union failed to produce an agreement on raises.
Starbucks baristas are striking Friday in 3 major cities — including the coffee giant's hometown
Starbucks' largest workers' union announced that it would strike in three major cities on Friday. The Starbucks Workers United union said that stores in Los Angeles, Chicago, and Seattle would partici...
Starbucks workers' union to strike on Friday in LA, Chicago and Seattle
The workers' union representing more than 10,000 Starbucks baristas said that union members will go on strike in Los Angeles, Chicago, and Seattle on Friday morning.
Will Starbucks baristas go on strike? Here's what to know after the union's authorization vote
Workers at major corporations increasingly seem to be cognizant of their collective bargaining power. Last week, thousands of Amazon workers authorized a strike action ahead of the holidays if Amazon ...
Starbucks CEO Brian Niccol's first 100 days: Headwinds and accomplishments
Gregory Francfort, Guggenheim Partners director - lead restaurant analyst, joins 'The Exchange' to discuss Starbucks CEO Brian Niccol's first 100 days and the read on the restaurant sector.
Starbucks' new CEO said he wants to improve work for its baristas. They aren't happy yet.
Starbucks CEO Brian Niccol has talked about improving conditions for baristas. A potential strike at some Starbucks stores represents a test on that front for the new CEO.
Starbucks union authorizes strike
CNBC's Andrew Ross Sorkin reports on the latest news.
Starbucks Baristas Ready to Walk Out on Strike
Starbucks Workers United bargaining delegate and barista Michelle Eisen discusses the current status of the union discussions with management. She speaks with Scarlet Fu on "The Close.
Bert's November 2024 Dividend Income Summary
We focused on building two positions over the last year: Realty Income and Starbucks. AT&T slashed its dividend several years ago in an effort to shore up its balance sheet. Starbucks has rebounded we...
Starbucks is on the cusp of a major barista strike
Starbucks' biggest workers union on Tuesday went forward to authorize a nationwide strike. It said that the coffee chain had not settled hundreds of unfair labor practice cases.
Starbucks union votes to authorize strike ahead of this year's last scheduled bargaining session
Starbucks Workers United has voted to authorize a strike as the union seeks a contract with the coffee giant. Both sides are slated to meet for their last scheduled bargaining session of the year.
Starbucks workers union authorizes potential US strike
The workers union representing more than 10,000 Starbucks baristas said they have authorized a potential strike, ahead of this year's final round of bargaining talks with the coffee giant on Tuesday.
India's Tata faces pressure in Starbucks joint venture as consumers cut back
India's Tata Consumer Products "will calibrate" its plans to open Starbucks stores in the near term at a time when fewer customers are walking into its cafes in the world's most populous country, its ...
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 $0.61 per share of outstanding Common Stock. The di...
Dividend Income Summary: Lanny's November 2024 Summary
Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of th...
Starbucks posts $5.8m loss as Australians cut back on costly lattes by brewing at home
Result comes as blow to coffee chain's hopes of cracking local market after posting a surplus in 2023
Don't Count Coffee Stocks Out. How Gen Z Can Rescue Starbucks.
Investors have been concerned about coffee chains recently, but younger generations could come to the rescue.
This Analyst With 86% Accuracy Rate Sees More Than 12% Upside In Starbucks - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
U.S. stocks settled higher on Friday, with the Dow Jones and S&P 500 surging to fresh highs during the shortened trading session. The Dow gained 1.4% last week, while the S&P 500 gained 1.1% on the we...