Starbucks (SBUX) drinks will soon come with an extra shot of generative AI.
Starbucks has received "a lot of interest" in the sale of a stake in its China business, its chief executive told the Financial Times in an interview published on Wednesday, as the U.S. coffee chain looks to revive sales in its second-largest market.
Starbucks unveiled a generative AI assistant created with Microsoft Azure's OpenAI platform at its Leadership Experience in Las Vegas. The technology will roll out to stores in U.S. and Canada in fiscal 2026.
Starbucks Corp. (NASDAQ: SBUX) is trying to jump-start sales in China with sharp discounts on products it sells there.
The company has contended with fierce competition and sluggish growth in China.
Starbucks (SBUX) reachead $88.13 at the closing of the latest trading day, reflecting a +1.77% change compared to its last close.
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.
Starbucks faces an uphill battle as macro headwinds stand to worsen. A big analyst over at TD Cowen recently downgraded shares of SBUX to hold.
BROS gains edge for 2025 with faster growth and strong brand engagement, while SBUX grapples with turnaround execution and margins pressure in 2025.
Starbucks (SBUX) reported earnings 30 days ago. What's next for the stock?
McDonald's Corp. (NYSE: MCD) CEO Chris Kempczinski recently said same-store sales were in trouble because, to some extent, its menu was too expensive, particularly in a time of an uncertain economy.
Starbucks' stock has dropped sharply after a Q2 earnings miss and rising costs from its turnaround strategy, but I see this as a long-term opportunity. Despite near-term margin pressure and investor skepticism, Starbucks is making progress in customer experience, operational improvements, and global expansion, especially in China. Starbucks appears undervalued compared to peers, with strong expected EPS growth and an attractive dividend yield, making it compelling for value and dividend growth investors.