Starbucks Corporation (SBUX)
| Market Cap | 111.38B |
| Revenue (ttm) | 36.18B |
| Net Income (ttm) | 3.76B |
| Shares Out | 1.13B |
| EPS (ttm) | 3.31 |
| PE Ratio | 29.71 |
| Forward PE | 31.53 |
| Dividend | $2.44 (2.48%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 7,035,029 |
| Open | 98.00 |
| Previous Close | 98.35 |
| Day's Range | 97.11 - 98.75 |
| 52-Week Range | 71.55 - 104.68 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 102.88 (+4.7%) |
| 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 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 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 $102.88, which is an increase of 4.70% from the latest price.
News
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.
Starbucks CEO: Speed is a priority in turnaround
Starbucks chairman and CEO Brian Niccol met with Yahoo Finance's Brian Sozzi and Brooke DiPalma to discuss the company's turnaround strategy. Niccol emphasized the importance of delivering product to ...
Coffee Beans Industry Analysis and Business Opportunities, 2024-2032 - Sustainability, Specialty Coffees, and Home Brewing Trends Drive Growth, Led by Industry Giants like Starbucks and Lavazza
Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Coffee Beans Market Report and Forecast 2024-2032" report has been added to ResearchAndMarkets.com's offering. According to the report, the global coffee...
New Starbucks CEO seeks to improve in-store experiences
Starbucks (SBUX) reported declining global sales in its fiscal fourth quarter earnings results published last week with new CEO Brian Niccol leading the earnings calls since his migration from Chipotl...
Final Trades: Starbucks, Freeport-McMoran, Constellation Energy and the XLU
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The new Starbucks strategy: Will CEO Brian Niccol's plan work?
Starbucks CEO Brian Niccol wants to return the company to its coffeehouse roots. Analysts are optimistic, though they say the company will face near-term headwinds.
Starbucks: Don't Bet Against The Turnaround Plan
Starbucks was led astray by former CEO Laxman Narasimhan. New CEO Brian Niccol recently outlined his turnaround plan. It's a back to basics approach that puts more emphasis on coffee, the café experie...
A fast-changing Chinese coffee market awaits Starbucks CEO Brian Niccol
Starbucks is facing challenges in its China market, as same-store sales in the country plummeted 14% in the company's fourth quarter. It's running up against a low-cost model led by local upstarts and...
Starbucks's new CEO has diagnosed its problems. Analysts say the solutions could get expensive.
Starbucks CEO Brian Niccol has laid out a bold turnaround plan for the coffee chain, with plans to tighten up service and redesign stores. But analysts are proceeding with caution.
Starbucks Faces Sales Slump But Analysts See Silver Lining With New CEO's Efficiency Strategy
Starbucks Corporation SBUX shares are trading marginally higher on Thursday.
Starbucks announces no more fees for nondairy milks
Starbucks' new Chairman and CEO Brian Niccol wants customers to get their orders hand-delivered by a barista in four minutes or less, a goal that will be central as he tries to reinvigorate the compan...
UBER Drops Off, DASH Posts First Profit, SBUX's Pending Changes
Uber Technologies (UBER) reported an earnings beat but investors have an issue with its bookings outlook. A rising competitor in DoorDash (DASH) posted its first-ever profit.
Your Coffee in Four Minutes: Here's Brian Niccol's Plan to Revive Starbucks
Starbucks Corporation (SBUX) CEO Brian Niccol has brewed a plan for a brighter future for the coffee giant. Part of it is as basic as it gets: get customers their coffee quickly.
Starbucks CEO Brian Niccol: Most of the issues are very fixable and in our control
Starbucks CEO Brian Niccol joins CNBC's Andrew Ross Sorkin to discuss the appeal of coffee, putting guardrails around drink customization, the company's menu plan, how the challenges at Starbucks comp...