Regarding coffee chains, most of the focus centers on Starbucks (SBUX -0.38%). This makes sense, as the industry leader has grown from a regional name to an international sensation in its 33 years as a publicly-traded company.
With a nearly 12,000% gain since its IPO, Starbucks (SBUX -0.38%) has undoubtedly created a few millionaires out of investors that bought its stock in the early days and held on to it over the years. Given Starbucks' huge returns, investors may be wondering if there could be another big coffee stock winner brewing.
Starbucks is hosting a three-hour meeting for store employees later this month. The meeting will focus on ways that employees can make Starbucks "a welcoming coffeehouse" again.
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.
It's hard to think of a business with more iconic brands than PepsiCo. Not only does it own its namesake Pepsi brand, which was launched under the Pepsi-Cola name in 1898, but it also owns big-name brands such as Mountain Dew, Lay's potato chips, Gatorade, Doritos, Tostitos, Quaker Oats, and more.
Starbucks underwent many changes this year, and more are likely coming in 2025. New CEO Brian Niccol will face choices about Starbucks' unionized stores and its China business.
David Palmer, Evercore ISI, joins 'Squawk on the Street' to discuss his outlook for restaurants in 2025.
CEO Brian Niccol will likely be given at least a year for his turnaround plan to produce results. Investors should be patient.
Starbucks (SBUX) concluded the recent trading session at $90.58, signifying a -1.81% move from its prior day's close.
Coffee retailer Starbucks Co. NASDAQ: SBUX stock sold off for the majority of December 2024 as its union workers went on a five-day strike on December 20. The Starbucks Union Workers is a coalition of over 11,000 baristas across 535 company-owned stores in the United States.
A federal appeals court largely rejected Starbucks' appeal of a NLRB finding the coffee chain illegally fired two baristas because they wanted to organize a union.
A federal appeals court on Friday largely rejected Starbucks' appeal of a National Labor Relations Board finding the coffee chain illegally fired two Philadelphia baristas because they wanted to organize a union.