Starbucks Corporation (SBUX)
Starbucks (SBUX) Stock Drops Despite Market Gains: Important Facts to Note
Starbucks (SBUX) concluded the recent trading session at $88.33, signifying a -1.22% move from its prior day's close.
Starbucks brings in new chief technology officer from Amazon Grocery
Starbucks announced Friday that it has hired a new chief technology officer, Amazon veteran Anand Varadarajan. Varadarajan, who spent the last 19 years at Amazon, most recently led technology and supply chain for the tech giant's worldwide grocery stores business.
Exclusive: Starbucks supplier Cuisine Solutions hires Morgan Stanley and Rothschild for potential sale, sources say
Food company Cuisine Solutions, which makes egg bites for Starbucks and sous vide grass-fed beef sirloin for Costco , has hired investment banks to explore a sale next year that could value the private, family-owned company at over $2 billion, according to people familiar with the matter.
Starbucks Corporation (SBUX) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Starbucks (SBUX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Get Paid 8.5% To Buy Starbucks Stock At A 30% Discount
At about $85.35 a share, Starbucks (SBUX) is trading roughly 25% below its 52-week high as investors weigh slower traffic trends, near-term margin pressure, and a turnaround that is taking longer to play out.
Starbucks workers' union expand month-long strike to more cities
The Starbucks workers' union said on Thursday hundreds of new union baristas are walking out of their jobs in 34 cities, joining the strike which has been escalating since it began last month.
Starbucks (SBUX) Falls More Steeply Than Broader Market: What Investors Need to Know
Starbucks (SBUX) reached $82.28 at the closing of the latest trading day, reflecting a -1.35% change compared to its last close.
Starbucks Workers United holds rally in NYC as strikes continue for a third week
Starbucks Workers United held a rally in New York City outside the Empire State Building as its open-ended strike continued for a third week. Baristas launched a strike on Starbucks Red Cup Day last month, seeking new proposals from the company at address its top issues to finalize a contract.
Starbucks (SBUX) Laps the Stock Market: Here's Why
In the latest trading session, Starbucks (SBUX) closed at $87.11, marking a +2.24% move from the previous day.
Investors Heavily Search Starbucks Corporation (SBUX): Here is What You Need to Know
Zacks.com users have recently been watching Starbucks (SBUX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Starbucks To Pay $38.9 Million To Settle Violations Of New York City Labor Law
With allegations of unfair labor practices a major point of contention in the ongoing “Red Cup Rebellion” strike, Starbucks has agreed to pay $35.5 million to more than 15,000 New York City workers, plus $3.4 million in civil penalties, for violating New York City's Fair Workweek Law, according to New York City Department of Consumer and Worker Protection (DCWP).
Starbucks: Over-Caffeinated Valuation, Foamy Dividend Safety - Sell
Starbucks (SBUX) is rated a sell due to ongoing margin pressure, weak earnings, and an unattractive risk/reward profile despite operational improvements. SBUX posted its first positive global comp in seven quarters, but operating margins collapsed to 9.4% and EPS declined, with the dividend barely covered. Competitive pressures in China and the U.S., high coffee costs, and a premium valuation (35x trailing earnings) further challenge the turnaround story.
