Starbucks Corporation (SBUX)
Starbucks (SBUX) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading day saw Starbucks (SBUX) settling at $80.04, representing a -1.54% change from its previous close.
Starbucks Stock Slumps; This Competitor Shows Strength
It's been a tough year for Starbucks NASDAQ: SBUX. The king of coffee retail chains has seen its stock slide more than 25% from its year-to-date (YTD) high on Feb. 23, and when it reported Q3 earnings on July 29, it missed analysts' estimates by nearly 28%.
Starbucks's Roller Coaster Week of Job Cuts and Store Closures
The coffee chain's “Project Bloom” was months in the making, and days in execution.
Will Starbucks' Store Uplifts Reset Economics and Customer Connection?
SBUX bets on store uplifts and new prototypes to boost customer connection and unit efficiency.
Starbucks store closings: 59 unionized locations on doomed list in company restructuring
On the heels of Starbucks's recent announcement that it will be cutting 900 corporate roles and closing 1% of its North American stores by the end of 2025 (after accounting for both new openings and closures), Starbucks Workers United said Tuesday that 59 of those locations marked for closure are unionized.
Starbucks (SBUX) Stock Dips While Market Gains: Key Facts
Starbucks (SBUX) reached $84.6 at the closing of the latest trading day, reflecting a -1.21% change compared to its last close.
Starbucks Closed Over 450 Stores This Week—Is Your Favorite Location on the List?
Starbucks is closing about 1% of its company-operated North America stores as part of CEO Brian Niccol's dramatic $1 billion restructuring plan, Niccol announced last week. The cutback, he wrote, is "necessary to build a better, stronger and more resilient Starbucks.
Starbucks is getting the Chipotle treatment — with a twist
Starbucks CEO Brian Niccol is trying to give the coffee chain a much-needed jolt. He's been here before.
Starbucks to close 1% of stores, lay off 900 corporate employees in strategic shift
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Inside the Starbucks Plan to Get 200,000 Baristas on the Same Script
The coffee chain is looking to reverse a sales slump with new training—and lots of meaningful eye contact.
Starbucks Stock To $40?
Starbucks stock (NASDAQ: SBUX) has already decreased by approximately 15% over the last year—but the pivotal question for investors is whether the decline has only just started. Historical data indicates that it could be a possibility.
Starbucks workers sue over company's new dress code
Starbucks didn't comment directly on the lawsuits Wednesday, but the company said it simplified its dress code to deliver a more consistent experience to customers and give its employees clearer guidance.
