SBUX - Starbucks Corporation
67.61 -0.01 (-0.01%)
After hours: 7:05PM EST
| Previous Close | 67.04 |
| Open | 66.71 |
| Bid | 67.55 x 800 |
| Ask | 67.70 x 800 |
| Day's Range | 66.37 - 67.76 |
| 52 Week Range | 47.37 - 68.98 |
| Volume | 13,523,890 |
| Avg. Volume | 11,673,238 |
| Market Cap | 88.515B |
| Beta (3Y Monthly) | 0.25 |
| PE Ratio (TTM) | 21.11 |
| EPS (TTM) | 3.20 |
| Earnings Date | Jan 23, 2019 - Jan 28, 2019 |
| Forward Dividend & Yield | 1.44 (2.10%) |
| Ex-Dividend Date | 2018-11-14 |
| 1y Target Est | 66.32 |
- American City Business Journals•5 hours ago
Women of Influence: Rosalind Brewer, Starbucks
Brewer joined Starbucks as group president and chief operating officer in 2017. She also chairs the board of trustees for Spelman College.
- GuruFocus.com•6 hours ago
Bill Ackman Comments on Starbucks
On October 9th, we gave a presentation at the Grant's Interest Rate Observer conference detailing our new investment in Starbucks which we purchased at an average price of $51 per share. Starbucks (SBUX) has built the world's most valuable specialty coffee brand by first creating the category in the U.S., and then expanding globally. The Starbucks brand is synonymous with premium products and a high-end experience for both customers and employees (whom the company refers to, and treats, as "partners").
- GuruFocus.com•6 hours ago
Bill Ackman's Pershing Square 3rd Quarter Letter to Investors
PSH has continued to make significant progress in the year to date. NAV per share has increased by 9.7%, compared with the S&P 500's year-to- date performance of 3.5%. This outperformance has been driven primarily by our investments in ADP, Lowe's, Starbucks, and Chipotle, which we describe in detail below.
- American City Business Journals•17 hours ago
Dunkin's westward expansion may include return to Starbucks turf
While the brand boasts that "America runs on Dunkin'," the company has stayed away from the Pacific Northwest. That might be about to change.
- Zacks•yesterday
Starbucks (SBUX) Stock Moves -0.55%: What You Should Know
Starbucks (SBUX) closed at $67.04 in the latest trading session, marking a -0.55% move from the prior day.
- Market Realist•yesterday
Facebook Could Face Tax Issues in the EU Like Apple Did
The European Union may open a probe into Facebook’s (FB) tax deals with Ireland, according to Politico. Probes into the tax affairs of several American multinationals have resulted in huge fines in Europe. A probe into Apple’s tax deals with Ireland resulted in the company being ordered to pay around $15 billion in back taxes. And last year, Amazon (AMZN) was ordered to pay nearly $300 million in back taxes to Luxembourg, following a European Commission probe that faulted Amazon’s tax arrangement with Luxembourg. Both Apple and Amazon deny wrongdoing.
- Investor's Business Daily•yesterday
Shorting A Stock: Short Selling Carries Big Risks, Offers Big Returns
Shorting a stock, also called short selling, is a trading skill used by investors that can provide big returns when done right but involves big risks.
- Reuters•yesterday
Ackman's Pershing Square exits Mondelez in favor of other bets
Billionaire investor William Ackman has turned his back on snack maker Mondelez International and put the money into potentially more lucrative bets, including global coffee company Starbucks and hotel operator Hilton Worldwide Holdings. Ackman's hedge fund, Pershing Square Capital Management, sold out of Mondelez International during the third quarter, some three years after spending $5.5 billion for a 7.5 percent stake, the investor told clients on a conference call on Wednesday. "It was not a barn burner of an investment," Ackman said on the call, adding that he has found better investments and had a change of heart as chances for an acquisition of Mondelez grew more remote.
- InvestorPlace•yesterday
Starbucks Layoffs: Seattle Headquarters to Face Job Cuts
An internal memo from Starbucks (NASDAQ:SBUX) CEO Kevin Johnson reveals to employees that the company is planning to layoff roughly 350 employees. The Starbucks layoffs will have the coffee chain reducing its global corporate workforce by about 5%. “I’ve talked about the need to make these hard decisions for a while now, and I want you to know we will handle each situation with compassion and respect for the impacted partner,” the Starbucks CEO said in the memo obtained by TheStreet.com.
- Zacks•yesterday
Starbucks Cuts Workforce by 350 at Seattle Headquarters
Starbucks' (SBUX) consistent efforts to streamline its business and direct investments toward operations bode well for the company.
InvestorPlace•yesterdayWednesday’s Vital Data: Macy’s, Amarin and Starbucks
U.S. stock futures are inching higher this morning as traders grapple with the ongoing implications of a meltdown in the oil markets. In the options pits, calls slightly outpaced puts while overall volume levels ended the day near average levels. Specifically, about 18.9 million calls and 17.3 million puts changed hands on the session.
- Market Realist•2 days ago
Why Analysts Favor a ‘Buy’ for McDonald’s
Can McDonald’s Maintain Its Upward Momentum? Of the 31 analysts that follow McDonald’s (MCD), 74.2% favor a “buy” rating as of November 12, while the remaining 25.8% favor a “hold” rating. None of the analysts favored a “sell” recommendation.
- ACCESSWIRE•2 days ago
Today’s Research Reports on Stocks to Watch: Starbucks and Tyson Foods
NEW YORK, NY / ACCESSWIRE / November 14, 2018 / Both Starbucks and Tyson Foods were in the red on Tuesday. Starbucks announced it would be cutting many corporate jobs while Tyson Foods reported fourth quarter financial results that missed on revenues. Starbucks Corporation shares closed modestly in the red on Tuesday on about 13.5 million shares traded.
- Reuters•2 days ago
PRESS DIGEST- Financial Times - Nov 14
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines The UK and EU hammer out draft terms of Brexit divorce ...
- The Wall Street Journal•2 days ago
[$$] Starbucks to Lay Off 5% of Corporate Workforce
Starbucks Corp. is planning to lay off approximately 5% of its global corporate workforce as it seeks to become a more nimble company. In a memo sent to employees on Tuesday, Chief Executive Kevin Johnson said the areas impacted include marketing, creative, product, technology and store development. Part of the changes Starbucks has already begun to make include consolidating its analytics teams so that employees in different parts of the business can respond more quickly to changing consumer trends and tweaking its digital marketing strategy.
Reuters•2 days agoStarbucks to lay off 350 global corporate employees
"Every single decision was made after very careful consideration... And while incredibly difficult, they came as a result of work that has been eliminated, deprioritized or shifting ways of working within the company," Johnson wrote in the memo. The layoffs would primarily affect employees at its Seattle Support Center, the memo said.
- CNBC•2 days ago
Dunkin' says its new espresso is so good, 'you don't have to go to Starbucks'
While Dunkin' has no plans to stray from its roots in drip coffee, its newly revamped espresso offers it a gateway to reach younger consumers. 2017 was the first year in history in which consumers under 35 years old drank more espresso beverages than hot drip coffee, which ultimately pushed Dunkin' in to reevaluating its espresso. Dunkin' Brands DNKN is confident that its new espresso will lure coffee drinkers away from rival Starbucks SBUX .
- Motley Fool•2 days ago
Why Starbucks Is Up 19% in 2018
The company has faced fears about its continued ability to grow.
- Benzinga•2 days ago
Starbucks CEO Talks China With Cramer
Starbucks Corporation (NASDAQ: SBUX ) isn't seeing any negative impact from trade and political disputes between China and the U.S. although this doesn't mean the coffee chain is fully immune, CEO Kevin ...
- MarketWatch•2 days ago
Starbucks cutting 350 corporate jobs
Starbucks Corp. confirmed on Tuesday that it is cutting 350 corporate jobs across areas including marketing, creative, product, technology and store development. This is about 5% of the company's global, non-retail workforce. The cuts come after months of consideration about how to get the company back to growth and create shareholder value. "Building the next chapter of Starbucks requires us to focus on fewer priorities and transform our functional teams work in order to accelerate the velocity of innovation that is relevant to our customers, inspiring to our partners, and meaningful to our business," wrote Chief Executive Kevin Johnson in an email to staff obtained by MarketWatch. Starbucks shares are up nearly 18% for the year to date while the S&P 5500 index is up 2.2% for the period.
- American City Business Journals•2 days ago
Starbucks plans to lay off 350 corporate employees, mostly in Seattle
Starbucks CEO Kevin Johnson said the cuts are a result of work that has been eliminated, de-prioritized as well as shifting internal operations.
- InvestorPlace•2 days ago
3 Reasons to Remain Bullish on SBUX Stock
The recent volatility in the markets has been fairly rough on many stocks. But not Starbucks (NASDAQ:SBUX). It’s as if the company is in another universe! Since early October, SBUX stock has gone from $57 to $68.
- Reuters•2 days ago
Starbucks to lay off 350 global corporate employees
"Every single decision was made after very careful consideration... And while incredibly difficult, they came as a result of work that has been eliminated, deprioritized or shifting ways of working within the company," Johnson wrote in the memo. The layoffs would primarily affect employees at its Seattle Support Center, the memo said.
- TheStreet.com•2 days ago
Starbucks to Lay Off 5% of Global Corporate Workforce
plans to lay off about 350 employees from its global corporate workforce. CEO Kevin Johnson sent an internal memo to employees Tuesday notifying them of the layoffs, with areas including marketing, creative, product, technology, and store development being targeted for downsizing. "Building the next chapter of Starbucks requires us to focus on fewer priorities and transform how our functional teams work in order to accelerate the velocity of innovation that is relevant to our customers, inspiring to our partners, and meaningful to our business," the memo viewed by TheStreet says.
- CNBC•2 days ago
Starbucks to cut 5% of its corporate workforce
Starbucks is laying off 5 percent of its corporate workforce, according to a memo obtained by CNBC. The coffee giant had previously indicated it would cut non-retail employees as it shakes up its organizational structure. CEO Kevin Johnson says impacted employees were in roles connected to work that had been "eliminated" or "deprioritized" in Starbucks' streamlining efforts.
