Starbucks Corporation (SBUX)
Summary
SBUX Chart
Starbucks Stock on Path to Recovering From April Selloff
Starbucks (SBUX) shares are climbing toward prices not seen since April, when newly enacted tariffs dragged down the market.
Howard Schultz says he 'did a cartwheel' when Starbucks CEO Niccol coined 'back to Starbucks' strategy
Former Starbucks CEO Howard Schultz made a surprise appearance at the company's Leadership Experience in Las Vegas. Schultz said he "did a cartwheel" when current CEO Brian Niccol coined his "back to Starbucks" strategy — a key stamp of approval as the new chief executive tries to turn around the company.
Starbucks considering sale of minority stake in China business, CEO says
Starbucks Corp (NASDAQ:SBUX, ETR:SRB) is considering selling a minority stake in its China business, CEO Brian Niccol told the Financial Times in an interview published Wednesday. The CEO said the coffee giant has received “a lot of interest” in its China business, its second largest market, made up of approximately 7,760 stores as of the end of March.
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Starbucks Corporation Profile
| Restaurants Industry | Consumer Cyclical Sector | Mr. Brian R. Niccol CEO | NASDAQ (NGS) Exchange | 855244109 Cusip |
| US Country | 361,000 Employees | 14 Feb 2025 Last Dividend | 9 Apr 2015 Last Split | 26 Jun 1992 IPO Date |
Overview
Starbucks Corporation, along with its subsidiaries, serves as a leading roaster, marketer, and retailer of coffee on a global scale. Operating since 1971 with its headquarters in Seattle, Washington, Starbucks has grown into a prestigious brand synonymous with premium coffee and tea products. The company's operations are divided into three main segments: North America, International, and Channel Development. Starbucks has made a notable impact on the coffee industry, not only through its vast number of stores but also via licensed outlets and partnerships in grocery and foodservice sectors. With a commitment to quality and innovation, Starbucks continues to expand its global footprint, bringing unique coffee experiences to customers worldwide.
Products and Services
Starbucks Corporation offers a wide range of coffee and tea-related products and services, catering to diverse customer preferences and dietary needs. The company's offerings include:
- Coffee and Tea Beverages: A broad selection of specialty coffee and tea beverages, crafted to suit various tastes and preferences.
- Roasted Whole Beans and Ground Coffees: High-quality, freshly roasted whole bean and ground coffee options for customers to enjoy at home.
- Single Serve Products: Convenient, single-serve coffee products designed for quick and easy preparation, fitting the fast-paced lifestyles of many customers.
- Ready-to-Drink Beverages: An assortment of pre-packaged coffee and tea drinks available in chilled formats, ideal for on-the-go consumption.
- Food Products: A variety of food items, including pastries, breakfast sandwiches, and lunch offerings, complementing the beverage menu and providing a complete café experience.
In addition to these direct consumer offerings, Starbucks also licenses its trademarks for branded stores and for a variety of grocery and foodservice accounts, allowing a wider audience to enjoy Starbucks products outside of the traditional café setting. The company's product portfolio is marketed under several well-recognized brand names, including Starbucks Coffee, Teavana, Seattle's Best Coffee, Ethos, Starbucks Reserve, and Princi, further demonstrating its broad appeal and commitment to quality.
Contact Information
