Starbucks (SBUX) reportedly is looking to sell a stake in its China operations.
Beverage chain Starbucks Corp (NASDAQ:SBUX) is up 1.6% to trade at $126.15, after CNBC reported the company's China leg is attracting bids of up to $10 billion.
Starbucks (SBUX) reportedly is looking to sell a stake in its China operations.
China Market Research Group's Shaun Rein explains why Starbucks is making "strategic mistakes" in China and how it fares against the competition.
Americans love their coffee. In 2024, the coffee market in the United States was valued at $67.6 billion.
Starbucks (SBUX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SBUX faces rising tariffs and coffee costs, leaning on supply-chain shifts and stable pricing to protect margins.
Recently, Zacks.com users have been paying close attention to Starbucks (SBUX). This makes it worthwhile to examine what the stock has in store.
In the world of coffee retailers, Starbucks Corp. NASDAQ: SBUX has long been the name to beat. As of the first quarter of 2025, the coffeehouse giant held just under 30% of market share, far ahead of its closest competitor, McDonald's Corp. NYSE: MCD, at under 21%.
Chain's first global championship supercharged an already cutthroat competitive circuit; 14,000 fans go wild for ‘Blooming Yuzu Espresso'
Starbucks CEO Brian Niccol pitched his turnaround strategy to store managers at the company's Leadership Experience in Las Vegas. Store managers applauded coming changes, like more seating inside cafes and full-time assistant managers.
In the most recent trading session, Starbucks (SBUX) closed at $94.32, indicating a -1.12% shift from the previous trading day.