SBUX - Starbucks Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
84.02
-0.19 (-0.23%)
At close: 4:00PM EST
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Previous Close84.21
Open83.92
Bid83.85 x 2200
Ask84.09 x 4000
Day's Range83.25 - 84.11
52 Week Range60.42 - 99.72
Volume6,433,068
Avg. Volume6,417,921
Market Cap99.53B
Beta (3Y Monthly)0.52
PE Ratio (TTM)28.77
EPS (TTM)2.92
Earnings DateJan 28, 2020
Forward Dividend & Yield1.64 (1.94%)
Ex-Dividend Date2019-11-12
1y Target Est94.58
  • Thomson Reuters StreetEvents

    Edited Transcript of SBUX earnings conference call or presentation 30-Oct-19 9:00pm GMT

    Q4 2019 Starbucks Corp Earnings Call

  • Luckin Coffee, IBD Stock Of The Day, Breaks Out On Earnings Buzz, Plans To Overtake Starbucks In China
    Investor's Business Daily

    Luckin Coffee, IBD Stock Of The Day, Breaks Out On Earnings Buzz, Plans To Overtake Starbucks In China

    IBD Stock Of The Day: Luckin Coffee cleared a buy point Monday, continuing to surge following earnings and plans to overtake Starbucks in China.

  • Benzinga

    Luckin Coffee's Impressive Growth And Retail Model Could Dethrone Starbucks In China

    If you don't know Luckin Coffee (NASDAQ: LK), let us help you: it's Chinese Starbucks Corporation (NASDAQ: SBUX) that is posing quite a headache to Starbucks Corporation in China. Perhaps the most unique feature Luckin Coffee just revealed is its business model extension.

  • GuruFocus.com

    Starbucks Refuses to Join the Crowd

    With market at all-time highs, the coffee chain has deviated Continue reading...

  • Dean Foods decline has more to do with water than oat milk
    MarketWatch

    Dean Foods decline has more to do with water than oat milk

    Oat milk and other alternatives contributed to the bankruptcy filing this week of milk producer Dean Foods Inc., but the biggest drain on milk sales is an entirely different liquid: water. For the six weeks ending September 8, 2019, about 400 million gallons of milk were sold versus fewer than 100 million gallons of plant-based milk alternatives, according to data presented in a report from the National Milk Producers Federation (NMPF). The NMPF is an advocacy group launched in 1916 for dairy producers and their cooperatives.

  • Investors Can Still Get High on American Marijuana Stocks
    InvestorPlace

    Investors Can Still Get High on American Marijuana Stocks

    This week was a rough one for slow-burning Canadian marijuana stocks. Headlines of big-name companies' miserable earnings dominated financial media coverage. But don't let Cronos Group's (NASDAQ:CRON) revenue miss and the post-earnings drop in CRON stock get you down. In this week's episode of "Moneyline," Matt McCall is here to reassure you that the long-term potential is still there. For now, you may just want to look to our home-grown American pot companies.Earlier this week, Cronos reported adjusted losses per share of 2 cents, actually beating estimates. But it seems like investors were more concerned with CRON's revenue of $10.1 million, which missed estimates of $10.45 million.For McCall, the biggest problem with CRON stock isn't its short-term performance. Heck, in the next five years, he's positive that marijuana will be legal at the federal level in the U.S. That will be a huge catalyst for struggling stocks. But to him, that doesn't completely justify Cronos' $2.2 billion market capitalization.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut just across the border in the United States, two marijuana stocks reported earnings worthy of even short-term optimism. Acreage Holdings (OTCMKTS:ACRGF), most famous for its pending deal with Canopy Growth (NYSE:CGC), reported revenue of $22.4 million. What's the catch? Acreage's market cap is just $340 million. And Charlotte's Web (OTCMKTS:CWBHF), one of McCall's favorite companies, reported the upcoming opening of a 136,000 square foot facility. That shows it's clearly ready to keep scaling. * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside So don't let the headlines ruin your high just yet. As U.S. politicians debate federal legalization and the Food and Drug Administration works on reviewing the medical benefits of cannabidiol, investors should sit back and give marijuana stocks some time. McCall's PodcastSo, maybe you don't like marijuana stocks or pot in general. But what if you're an avid coffee drinker? Earlier in the year, McCall visited China to do boots-on-the-ground research. There, he checked in on recent IPO Luckin Coffee (NASDAQ:LK). After visiting a shop in Shanghai and tasting what LK had to offer, he wasn't initially impressed. But now, after Luckin reported revenue growth of 540% quarter-over-quarter, he's starting to sip on what LK stock has to offer.This company, often known as the Starbucks (NASDAQ:SBUX) of China, isn't the only hot stock he's starting to watch. Tune into this episode for three to watch -- and learn which one he sees as a "screaming buy." These three names, Sherwin-Wiliams (NYSE:SHW), Allegiant Travel (NASDAQ:ALGT) and Lululemon (NASDAQ:LULU) all play on big long-term themes that have him excited. And if you know McCall, you know he loves to invest based on these intense long-term trends.Make sure to listen in to this episode of "Moneyline" for more on stocks to watch and his reviews of Luckin Coffee's brew. Plus, you'll even get a preview of his recent travels to Portugal.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and+1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post Investors Can Still Get High on American Marijuana Stocks appeared first on InvestorPlace.

  • This forecast predicts barely any growth in U.S. stocks next year — and a big drop if there’s a recession
    MarketWatch

    This forecast predicts barely any growth in U.S. stocks next year — and a big drop if there’s a recession

    Financial markets are overvalued, according to an Oxford Economics forecast, so don’t expect much in the way of gains for stocks even if a recession is avoided.

  • Is a Cryptocurrency Derivatives Boom On Its Way?
    Insider Monkey

    Is a Cryptocurrency Derivatives Boom On Its Way?

    While the crypto market continues to stall, some analysts are betting on institutions to carry the next bull cycle, opposed to casual traders who snowballed the BTC price in 2017. Indeed, the Wild West days of crypto, accompanied by thousands of cash-grabbing, fraudulent ICOs seem to be coming to a close — compliance is the […]

  • Barrons.com

    Investors Should Worry Less About the Trade War and More About China’s Economy

    Investors should pay attention to the latest China economic data, increasing competition from Chinese startups, and the battle for technology leadership between the U.S. and China.

  • Financial Times

    Starbucks, Amazon and Costco rapped for weak human rights disclosure

    Many of the world’s biggest listed companies including Amazon, LVMH and Qualcomm are not transparent in how they identify and address human rights issues in their businesses and supply chains, according to the Corporate Human Rights Benchmark. The London-based not-for-profit found about half of 200 groups it analysed failed to show any evidence at all that they are identifying and addressing human rights issues with the tech sector of particular concern. Forty tech manufacturers, which were included in the CHRB ranking for the first time this year, scored particularly badly with an average score of 18 per cent compared to 24 per cent across the entire basket of companies.

  • World's largest Starbucks opens in Chicago (Photos)
    American City Business Journals

    World's largest Starbucks opens in Chicago (Photos)

    The 35,000-square-foot Chicago Roastery joins the other locations in New York, Tokyo, Milan and Seattle as part of Starbucks' Siren Retail division.

  • Bloomberg

    How Amazon’s Klutzy Politicking Backfired in Seattle

    (Bloomberg Opinion) -- For a company that is so good at so many things, Amazon is remarkably bad at politics.Exhibit A is the latest debacle in its hometown of Seattle, where the company’s push to seat a more politically moderate city council backfired. Campaign cash aimed at producing a less tax-happy council triggered the opposite result and turned a socialist headed for defeat into a martyr.Amazon has never been known for subtlety. The $1.45 million it spread around in political contributions to City Council candidates not only set a record, but also changed the trajectory of the election. Polls showed that voters who were poised to replace some leftist council members changed course. After Amazon’s donations became public, they elected five of seven candidates opposed by a business coalition. One of them was Councilmember Kshama Sawant of the Socialist Alternative party, who declared her come-from-behind re-election victory in front of a giant red sign that declared, “Tax Amazon.” Which the newly Amazon-unfriendly council almost certainly will do.Amazon employs 54,000 people in Seattle and owns or occupies 47 buildings there. That’s made the city seem like the biggest company town in the U.S., and has probably blinded Amazon’s leaders to the angst and tumult they’ve unleashed in a place that’s become both more prosperous and less livable.Sawant, who managed less than 40% of the vote in the August primary, went so far as to call Jeff Bezos, Amazon’s founder and chief executive, “our enemy,” and described her victory as a win for working people against the world’s richest man.“Amazon overplayed their hand,” said Egan Orion, the candidate who lost to Sawant. “I wasn’t able to make my closing arguments. There was so much noise.”Once Amazon donated in such a big way, the race became nationalized. Senators Elizabeth Warren and Bernie Sanders, the presidential candidates vying for the hearts of the Democratic Party’s left flank, chimed in via Twitter to trash the Amazon contributions.Here’s what Warren had to say:Here’s Sanders:Another winner, Tammy Morales, favors a bevy of local tax options to raise money for homeless services, housing and other needs. Her list includes revisiting an employee head tax similar to one Amazon successfully fought in 2018, plus a local estate tax and a tax on high salaries dubbed an “excess compensation tax.”Amazon has been trying to fine-tune its relationship with Seattle for years, and concern about relations with the City Council was among the reasons it announced in 2017 that it was looking for a second headquarters location — another endeavor that showcased the company’s limited political skills.That contest blew up in New York City when politicians and others protested the size of an Amazon enticement package — up to $3 billion in tax breaks and other incentives.In Seattle, Amazon had mostly maintained a quiet political presence until May 2018, when the City Council passed the Amazon Tax on larger companies, a head tax of $275 per employee.Amazon promptly announced that it would stop construction on one of its new buildings if the tax were imposed.The council then hastily repealed it when polls showed it could harm the council at the next election — the contest that ended so disastrously for the company this month.Starbucks, also headquartered in Seattle, took a different approach, donating a much smaller sum to the business campaign. A Starbucks executive also sent a letter to employees urging a vote for unspecified “change” and invited the public to have a cup of coffee. This was a subtle, defter move, in part because it was hard to tell exactly what the company was saying.At this juncture, perhaps after apologizing or remaining quiet a while, Amazon has a few choices. It could face probable new taxes gamely or think along the lines of Apple, which recently announced a $2.5 billion plan to ease the housing shortages and affordability crisis in California. Or take a page from Microsoft, the tech giant across Lake Washington from Amazon, which last winter offered a well received $500 million investment in affordable housing and homelessness relief across the region.To be fair, Amazon has invested in a homeless shelter in Seattle for families, Mary’s Place, which will eventually occupy eight floors in one of the new Amazon buildings. Mary’s Place does great work. But that answer to the enormous problem of homelessness and housing affordability now seems a trifle. The overall contribution to challenges facing the city is too small to those who believe Amazon needs to step up and invest in ways commensurate with its size and impact.To contact the author of this story: Joni Balter at jcbalter@gmail.comTo contact the editor responsible for this story: Jonathan Landman at jlandman4@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Joni Balter is a longtime Seattle columnist and writer who contributes to local NPR and PBS affiliates.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Luckin’s Sales Top Forecast as It Chases Starbucks in China
    Bloomberg

    Luckin’s Sales Top Forecast as It Chases Starbucks in China

    (Bloomberg) -- Luckin Coffee Inc., the chain that’s trying to overtake Starbucks Corp. in China, gave investors a jolt of optimism as it reported better-than-expected revenue and said it aims to break even next year.The Xiamen, China-based company, in its second set of quarterly results since going public in May, reported revenue of 1.54 billion yuan ($219.6 million) for the September quarter. That’s more than six times the year-earlier level, and tops the 1.47 billion yuan average of analysts’ estimates. Luckin’s net loss widened to 531.9 million yuan from 484.9 million yuan a year earlier.Luckin’s latest results provided some comfort to investors who have been looking for progress in the company’s financial position. The shares climbed 13% in New York to $21.46 each.The stock had dropped almost 30% from a July peak as the Chinese startup faced questions over its strategy of burning millions of dollars to lure customers with discounts. Other startups including Uber Technologies Inc. and WeWork Cos. have also come under scrutiny for spending heavily to chase blazing growth at the cost of profits.Luckin’s restaurants are now profitable, and the company is on track to break even at the corporate level in the third quarter of next year, Chief Financial Officer Reinout Schakel said in an interview.“We expect to take over Starbucks as the No. 1 coffee player in China by the end of this year in number of stores,” Schakel said. “We have a very strong brand.”China is becoming an important market for coffee retailers as the traditionally tea-drinking nation develops a taste for java. While weaker consumer spending amid a trade war and slowing economy may present a challenge, the company could benefit from its lower prices. The chain is very focused on its per-cup cost and affordability, Schakel said.“We give a very clear message to our consumer around our value,” Schakel said. Luckin targets white-collar, middle-class office workers, who are a “resilient consumer,” he said.Luckin claimed only 2.1% of the coffee market in China last year but wants to bolster that by opening more stores in two years than the industry giant has done in 20 years. Starbucks, meanwhile, with more than a 50% market share in the Asian nation, is also planning to continue its rapid expansion by opening one store every 15 hours.(Recasts first paragraph, updates stock move.)To contact the reporters on this story: Bhuma Shrivastava in Mumbai at bshrivastav1@bloomberg.net;Leslie Patton in Chicago at lpatton5@bloomberg.netTo contact the editors responsible for this story: Rachel Chang at wchang98@bloomberg.net, Jeff Sutherland, Lisa WolfsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Rebounding Prices: 3 Stocks That May Provide False Optimism
    GuruFocus.com

    Rebounding Prices: 3 Stocks That May Provide False Optimism

    A closer look at the growth potential of stocks that seem to be on the rebound Continue reading...

  • Chinese Starbucks Rival Luckin Coffee Soars After Beating Q3 Views
    Investor's Business Daily

    Chinese Starbucks Rival Luckin Coffee Soars After Beating Q3 Views

    Luckin Coffee on Wednesday reported third-quarter results that topped views amid breakneck growth that management expects will make the upstart bigger than Starbucks in China by year's end. Luckin Coffee stock surged.

  • Former employee, coffee industry veteran acquires O'Henry's Coffee
    American City Business Journals

    Former employee, coffee industry veteran acquires O'Henry's Coffee

    An entrepreneur who once worked as a barista at O'Henry's while attending college has purchased the popular Birmingham coffee company.

  • Why Starbucks' Stock Could Surge Higher
    GuruFocus.com

    Why Starbucks' Stock Could Surge Higher

    The company’s strategy may strengthen its market position Continue reading...

  • Benzinga

    Starbucks To Open Largest Store In Chicago: 5 Stories, Cocktail Bar, 3 Coffee Bars And More

    Size is no consideration for Starbucks Corporation (NASDAQ: SBUX). The Michigan Avenue Starbucks occupies 35,000 square feet inside a former Crate & Barrel. The Michigan Avenue site is Starbucks’ sixth roastery, bringing Chicago up to speed with Tokyo, New York, Seattle, Shanghai and Milan.

  • Barrons.com

    Chinese Starbucks Rival Luckin Coffee Stock Climbs on Surging Revenue

    Shares jumped in early trading as the company beat revenue expectations and remained on track to overtake Starbucks as China’s largest coffee company.

  • Starbucks Stock Could Reward Dip Buyers
    Investopedia

    Starbucks Stock Could Reward Dip Buyers

    Starbucks stock has dropped nearly 20 points since mid-summer and could bounce strongly in coming weeks.

  • Starbucks China rival Luckin's rapid expansion powers upbeat forecast
    Reuters

    Starbucks China rival Luckin's rapid expansion powers upbeat forecast

    Since its launch in 2017, Luckin has not shied away from spending heavily to open stores as part of its stated goal of overtaking Starbucks Corp in China by the end of the year. The company opened about 700 stores in the third quarter, taking its total in China to 3,680, while Seattle-based Starbucks took two decades to reach 4,125. Starbucks is largely credited with making a nation of tea-lovers embrace coffee and Luckin is looking to ride on that through rapid expansion, heavy advertising and promotions.

  • Starbucks (SBUX) to Open Largest Reserve Roastery in Chicago
    Zacks

    Starbucks (SBUX) to Open Largest Reserve Roastery in Chicago

    Starbucks' (SBUX) strategy to boost the overall brand through its premium Roastery/Reserve brands bodes well.

  • Why Huawei extension signals Phase 1 trade deal is well underway: Expert
    Yahoo Finance Video

    Why Huawei extension signals Phase 1 trade deal is well underway: Expert

    Markets eased back from record highs after reports that Beijing was pessimistic about reaching a trade deal between the U.S.. China Beige Book CEO Leland Miller joins Yahoo Finance's Alexis Christoforous to discuss on The Ticker.

  • Luckin Coffee soars after revenue beats estimates
    Yahoo Finance Video

    Luckin Coffee soars after revenue beats estimates

    China-based coffee chain Luckin Coffee jumped after revenue beat expectations and average monthly transacting customers grew to 9.3 million from just 1.9 million a year ago. Yahoo Finance’s Akiko Fujita and Dan Howley discuss on The Ticker.

  • Luckin Coffee reports Q3 loss but rise in revenue
    Yahoo Finance Video

    Luckin Coffee reports Q3 loss but rise in revenue

    Luckin Coffee posted a wider-than-expected loss for its third quarter. However, the company posted revenue much better than estimates anticipated. Yahoo Finance’s Dan Roberts, Kristin Myers and Heidi Chung discuss on YFi AM.