|Bid||57.25 x 1800|
|Ask||57.48 x 1100|
|Day's Range||56.52 - 57.57|
|52 Week Range||47.37 - 61.94|
|PE Ratio (TTM)||17.94|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||1.44 (2.63%)|
|1y Target Est||57.65|
Derrick Johnson, president and CEO of the NAACP, talks about implicit bias incidents at Starbucks and how the company handled the situation.
Sep.13 -- Kevin Johnson, Starbucks Corp. chief executive officer, discusses the company's greener store framework and the impact of the recent trade tensions. He speaks with Bloomberg's Emily Chang at the Global Climate Action Summit in San Francisco.
As wages grow and inflation remains tame, this could give the retail sector the boost investors have been waiting for. Names like Target (NYSE:TGT), TJX Companies (NYSE:TJX), Home Depot (NYSE:HD) and others have helped to push the SPDR Retail ETF (NYSEARCA:XRT) higher. As for the ETF, it’s move above $51 resistance was important, as this level has become a key level of support going into the all-important second half.
Shares of both McDonald's (MCD) and Starbucks (SBUX) surged Friday. MCD stock jumped on the back of a dividend hike, while SBUX climbed for less obvious reasons.
It's not like the stock's 2% year-to-date dip is necessarily some huge buying opportunity, and it's true that the U.S. coffee market is only expected to grow at a compound annual growth rate of about 3% for the next few years. Starbucks is a consumer discretionary stock, which tends to do well when there's wage inflation. People are going to be frequenting Starbucks locations a bit more, and none of this was baked into Starbucks' earnings guidance in July.
Marriott, ranked No. 19 overall, led its hospitality-and-leisure sector peers on customer satisfaction. In that category, which measures things such as customer loyalty and how well customer expectations are met, Marriott scored in the top 8% of all companies analyzed.
BERLIN/ZURICH (Reuters) - Privately owned investment firm JAB Holding Co, best known for stirring up the coffee industry with a string of deals, sees huge opportunities for acquisitions in the market for non-alcoholic beverages, one of its senior partners said in an interview with Germany's Manager Magazin published on Thursday.
Starbucks Corporation (SBUX) will host its Investor Day on Thursday, December 13, 2018 in New York City. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world.
Expanded parental leave could be a differentiating strategy for fast-casual and fast-food restaurants, which can have trouble attracting and keeping employees in a low-unemployment environment.
FT subscribers can click here to receive FirstFT every day by email. The escalation in the US-China trade war this week was a moment President Xi Jinping had long believed would never come . Even corporate ...
The European business of coffee chain Starbucks Corp. paid an effective U.K. tax rate of 2.8 percent last year after a payment from another part of the company boosted profits, the Financial Times reported. The company paid $5.9 million in U.K. taxes on a profit of $213 million in the year ended October 2017, down from earnings of $219 million a year earlier, the newspaper reported. The annual figure was inflated by a $150 million dividend from another Starbucks entity on which tax had already been paid, the FT said.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Brussels threatens legal action against UK over customs ...
’ European business paid an effective UK tax rate of just 2.8 per cent in the year to the end of October 2017 after a payment from another part of the group boosted profits. of its tax affairs in Britain, has revealed that its largest European operation paid $5.9m of tax in the UK on profits of $213m, down slightly from $219m in the preceding year. The profit figure was inflated by a $150m dividend from another group entity on which Starbucks had already paid tax.
Coffee producers are seeking urgent meetings with major customers such as Nestle, Jacobs Douwe Egberts and Starbucks to find ways to shore up prices that have slid to 12-year lows. The World Coffee Producers' Forum, whose members account for about 85 percent of global production, held a press conference on Monday after meeting to discuss the price crisis. "It is today a desperate moment for the 25 million coffee growers around the world.
to cover farmers’ costs as they struggle to make ends meet, with coffee prices tumbling to a 12-year low. “The situation is desperate,” said Roberto Velez, chief executive of the Colombian Coffee Growers Federation, who warned of social unrest in key coffee-growing countries. The lack of returns has meant that some of Colombia’s coffee farmers are now planting coca, which is processed into cocaine.
Starbucks' (SBUX) eco-friendly stores are likely to results in utility cost savings worth $50 million over the next 10 years.
Princi will feature the breads of Rocco Princi, the namesake baker who operates six bakeries in his native Milan.
Dunkin Brands Group Inc. (NASDAQ: DNKN ), the parent company of both Dunkin’ Donuts and Baskin-Robbins, is trading at a fair value, according to RBC Capital Markets. The Analysts Analyst David Palmer ...
“Being on the Beltline is being out there,” said Rabbi Eliyahu Schusterman, director of Chabad Intown.
Kevin Johnson, Starbucks Corp. chief executive officer, discusses the company's greener store framework and the impact of the recent trade tensions. He speaks with Bloomberg's Emily Chang at the Global ...
This comes just a month after Starbucks launched delivery in China through its partnership with Alibaba.