California Public Employees Retirement System cut its position in Starbucks Corporation (NASDAQ: SBUX) by 20.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,411,412 shares of the coffee company's stock after selling 616,402 shares during the period. California
Ameriprise Financial Inc. raised its holdings in Starbucks Corporation (NASDAQ: SBUX) by 80.6% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,105,164 shares of the coffee company's stock after buying an additional 2,277,792 shares during the period. Ameriprise Financial Inc. owned 0.45%
Dutch Bros is expanding its footprint and hot food menu to compete with Starbucks. Starbucks anticipates its "Back to Starbucks" strategy will yield greater growth in 2026 and beyond.
FAT Brands (NASDAQ: FAT - Get Free Report) and Starbucks (NASDAQ: SBUX - Get Free Report) are both retail/wholesale companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations. Insider and Institutional Ownership 6.9% of FAT Brands shares
Starbucks Workers United sent the coffee company a comprehensive proposed contract that includes asking for 4% annual raises and greater workplace protections for baristas. Discussions between Starbucks and the union hit a wall last year.
Starbucks Workers United said that it is requesting a contract with a minimum starting wage of $17 an hour, plus 4% annual raises.
The Starbucks union revised its economic proposal to get management back to the bargaining table. Starbucks Workers United is demanding a $17 wage floor, down from its 2024 demand of $20.
Starbucks may be neglecting the financial and reputational risks that stem from labor disputes, two proxy advisory firms are warning shareholders.
After years of underperformance that left investors questioning the “King of Coffee,” Josh Brown is officially ringing the bell for a Starbucks (NASDAQ: SBUX) comeback. The veteran trader and chief executive of Ritholtz Wealth Management argues that the coffee giant has transitioned from a “fallen angel” into one of the most compelling opportunities in the market right now.
A few Big Tech execs have also headed to the Sunshine State in recent months
Wolfe Research analyst Greg Badishkanian issued a split verdict on the restaurant sector this week, downgrading Starbucks to Peer Perform from Outperform while simultaneously upgrading Brinker International and initiating Wingstop with Outperform ratings.
Starbucks Corp (NASDAQ:SBUX) stock is down 1.3% to trade at $97.70 at last glance, after Wolfe Research initiated coverage with a "peer perform" rating.