|Bid||57.16 x 1800|
|Ask||57.25 x 3100|
|Day's Range||56.86 - 57.39|
|52 Week Range||52.58 - 64.87|
|PE Ratio (TTM)||18.95|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||1.20 (2.10%)|
|1y Target Est||63.85|
Starbucks, PayPal, Ford, Xerox, Fujifilm and Uber are the companies to watch.
Starbucks has big plans for China. Yahoo Finance’s Alexis Christoforous, Melody Hahm, and Ethan Wolff-Mann discuss how the company will market coffee to a tea-loving country.
Starbucks announced a new policy Saturday that allows anyone to sit in its cafes or use its restrooms, even if they don't buy anything. The new policy comes five weeks after two black men who hadn't bought anything were arrested at a Philadelphia Starbucks. Company executives have said its previous policies were loose and ambiguous, leaving decisions on whether people could sit in its stores or use the restroom up to store managers.
Corp. said Saturday it is creating an official policy that allows all guests to use its cafes, including its restrooms, whether or not they make a purchase. The policy comes a month after a Philadelphia manager called the police in April about two black men who asked to use the bathroom without purchasing anything and then allegedly refused to leave the cafe when asked. Starbucks baristas and store managers have long found the coffee company’s guidelines on how to treat lingering nonpaying guests vague at best.
A roundup of some of the most popular but completely untrue headlines of the week. None of these stories is legit, even though they were shared widely on social media. The Associated Press checked these out. Here are the real facts:
Starbucks Corp.'s ( SBUX) is one of the great corporate growth stories of the past decade. Once a fast-growth company, Starbucks' same-store sales are steadily slowing while its supposed growth market of the future—Asia—is putting up unimpressive growth numbers.
Starbucks has invested $100 million to support its 380,000 farmers in 30 countries around the world.
Every segment of the media giant beat its targets for the first quarter, but two key issues hang over the House of Mouse.
The coffee chain was in hot waters two weeks ago for calling the cops on two black men who were sitting at a company coffee store waiting for a friend. Now, a California store is facing backlash after a Latino customer said that he received a racial slur on the name of his coffee cup. The man, whose name is Pedro but asked that his last name not be used, gave an interview with Telemundo 52, where he said he ordered two cups of coffee at a Starbucks in La Cañada Flintridge and both beverages had the word “beaner” in the place of his name.
The coffee chain announced that for Thursday, May 17, anyone can get a grande Frappuccino of any flavor for $3 as part of the Starbucks Happy Hour. The selection includes new blended beverages that were recently added to the store menu, including Ultra Caramel Frappuccino and the Triple Mocha Frappuccino. Starbucks recently said that it has changed its popular promotion as it now requires customers to have a promo code at the register found in the invitation.
Seattle is ground zero for progressive experiments—a laboratory churning out well-intentioned cures that, when unleashed on the real world, become fantastic grotesques. Seattle’s Mayor implored Amazon, Starbucks and other businesses to help solve a problem they helped create.
The Asian country is mostly known as a tea nation but Starbucks hopes that it can create a coffee culture in China “where the reward will be healthy, long-term profitable growth for decades to come,” according to a statement from CEO Kevin Johnson. The Seattle coffee chain said it will be building close to 3,000 new stores in mainland China over the next few years, with this figure slated to reach 6,000 before the end of 2022. InvestorPlace - Stock Market News, Stock Advice & Trading Tips This would amount to opening roughly 600 new Starbucks a year in China, or one every 15 hours, which would mark a considerable increase over the company’s previous goal to build around 500 a year.
Thanks to the growing global economy, demand for crude oil has surged in the wake of lower supplies. The end result is that gas prices have gone through the roof in a short amount of time. Currently, gas prices are averaging $2.89 per gallon according to auto club AAA.
Chick-fil-A's "Love at First Bite" video garnered a much different response than another one circulating around the internet.
Starbucks (SBUX) has plans to more than triple its revenues and almost double its store count in China over the next five years.
Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.