It's a Strong Buy for the first time since 2019.
AI woes are coming for the food service industry, and social media can't help but celebrate.
SBUX's Boyu China JV shifts China ops into licensing in Q3 FY26, cutting reported China revenues but boosting margins and adding $3.1B cash.
Here is how Starbucks (SBUX) and Tapestry (TPR) have performed compared to their sector so far this year.
Starbucks (SBUX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Starbucks Corporation has announced that it will lay off 300 corporate employees in the United States.
Starbucks Corp (NASDAQ:SBUX) stock is inching 1.2% higher to trade at $107.09 this morning, after the coffee chain announced it will be laying off 300 corporate jobs and plans to incur $400 million in charges related to its restructuring plan.
Starbucks announced its latest round of corporate layoffs on Friday, slashing 300 jobs. It's the third round of cuts since February 2025, amid its "Back to Starbucks" turnaround strategy.
Starbucks is laying off 300 U.S. corporate employees in its regional support offices as it seeks to return to "durable, profitable growth," the company announced early Friday.
Starbucks is laying off 300 U.S. corporate employees in its third round of job cuts under CEO Brian Niccol. The company is also shuttering some regional support offices.
SBUX's Q2 FY26 margin rises 110 bps to 9.4%, and EPS jumps 22%, with cost savings and moderating pressures key to sustaining earnings leverage.
Shares of Starbucks (SBUX) climbed to a new 52-week high on Thursday after TD Cowen upgraded the coffee chain, citing confidence that the company's turnaround strategy and operational changes could drive stronger sales growth and margin recovery in the coming years. The stock reached $108.88, extending a rally that has pushed shares up 28% year to date.