SBUX - Starbucks Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
89.42
-1.06 (-1.17%)
At close: 4:00PM EDT

89.65 +0.23 (0.26%)
Pre-Market: 7:12AM EDT

Stock chart is not supported by your current browser
Previous Close90.48
Open90.02
Bid89.09 x 3200
Ask89.65 x 3200
Day's Range89.38 - 90.45
52 Week Range54.10 - 99.72
Volume5,138,663
Avg. Volume7,192,759
Market Cap107.036B
Beta (3Y Monthly)0.52
PE Ratio (TTM)31.97
EPS (TTM)2.80
Earnings DateOct 30, 2019
Forward Dividend & Yield1.44 (1.58%)
Ex-Dividend Date2019-08-07
1y Target Est96.33
Trade prices are not sourced from all markets
  • Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis
    Yahoo Finance

    Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis

    Actress and environmental activist Shailene Woodley joins Yahoo Finance to chat about her efforts to rid the world of harmful plastics in oceans.

  • Financial Times

    Dawi aims to become Egypt’s medical ‘Starbucks of clinics’ chain

    “We brainstormed and talked to doctors, and it started growing on me that this was a really interesting idea to which I could bring my experience in brand building and operations management,” says Ms Habib, co-founder and chief executive of Dawi Clinics. Sitting in the seventh and latest branch of Dawi to open in Cairo in the densely-populated district of Shobra, Ms Habib explains that within months of the conversation with Mr Iskander, she plunged into preparations for an affordable healthcare company aimed at middle class families. The pair then teamed up with Mairose Doss, a doctor and Dawi’s third co-founder, and raised an undisclosed amount from private investors in their first round of funding.

  • Apple Takes on EU’s Vestager in Record $14 Billion Tax Fight
    Bloomberg

    Apple Takes on EU’s Vestager in Record $14 Billion Tax Fight

    (Bloomberg) -- Apple Inc. fights the world’s biggest tax case in a quiet courtroom this week, trying to rein in the European Union’s powerful antitrust chief ahead of a potential new crackdown on internet giants.The iPhone maker can tell the EU General Court in Luxembourg that it’s the world’s biggest taxpayer. But that’s not enough for EU Competition Commissioner Margrethe Vestager who said in a 2016 ruling that Apple’s tax deals with Ireland allowed the company to pay far less than other businesses. The court must now weigh whether regulators were right to levy a record 13 billion-euro ($14.4 billion) tax bill.Apple’s haggling over tax comes after its market valuation hit $1.02 trillion last week on the back of a new aggressive pricing strategy that may stoke demand for some smartphones and watches. The company’s huge revenue -- and those of other technology firms -- have attracted close scrutiny in Europe, focusing on complicated company structures for transferring profits generated from intellectual property.A court ruling, likely to take months, could empower or halt Vestager’s tax probes, which are now centering on fiscal deals done by Amazon.com Inc. and Alphabet Inc. She’s also been tasked with coming up with a “fair European tax” by the end of 2020 if global efforts to reform digital taxation don’t make progress.“Politically, this will have very big consequences,” said Sven Giegold, a Green member of the European Parliament. “If Apple wins this case, the calls for tax harmonization in Europe will take on a different dynamic, you can count on that.”Vestager showed her determination to fight the tax cases to the end by opening new probes into 39 companies’ tax deals with Belgium on Monday. The move addresses criticism by the same court handling the Apple challenge. A February judgment threw out her 2016 order for them to pay back about 800 million euros.At the same time she’s pushing for “fair international tax rules so that digitization doesn’t allow companies to avoid paying their fair share of tax,” according to a speech to German ambassadors last month. She urged them to use “our influence to build an international environment that helps us reach our goals” in talks on a new global agreement to tax technology firms.Apple’s fury at its 2016 EU order saw Chief Executive Officer Tim Cook blasting the EU move as “total political crap.” The company’s legal challenge claims the EU wrongly targeted profits that should be taxed in the U.S. and “retroactively changed the rules” on how global authorities calculate what’s owed to them.The U.S. Treasury weighed in too, saying the EU was making itself a “supra-national tax authority” that could threaten global tax reform efforts. President Donald Trump hasn’t been silent either, saying Vestager “hates the United States” because “she’s suing all our companies.”“There is a lot at stake given the high-profile nature of the case, as well as the concerns that have been raised from the U.S. Treasury that the investigations risk undermining the international tax system,” said Nicole Robins, a partner at economics consultancy Oxera in Brussels.Apple declined to comment ahead of the hearing, referring to previous statements. The European Commission also declined to comment. Ireland said it “profoundly” disagreed with the EU’s findings.Richard Murphy, a professor at London’s City University, said the EU’s case “is about making clear that no company should be beyond the geographic limits of tax law.”“Selective attempts to get round the law -- which is what tax avoidance is -- are unacceptable when companies seek the protection and support of that same law” in the rest of their business,” Murphy said.Vestager has also fined Google some $9 billion. She’s ordered Amazon to pay back taxes -- a mere 250 million euros -- and is probing Nike Inc.’s tax affairs and looking into Google’s taxation in Ireland.The first hints of how the Apple case may turn out will come from a pair of rulings scheduled for Sept. 24.The General Court will rule on whether the EU was right to demand unpaid taxes from Starbucks Corp. and a Fiat Chrysler Automobiles NV unit. Those judgments could set an important precedent on how far the EU can question tax decisions national governments make on how companies should be treated.“It’s very clear that the largest companies in the world -- the frightful five I call them -- are hardly paying taxes,” said Paul Tang, a socialist lawmaker at the European Parliament. “Cases like these, Amazon in Luxembourg or Apple in Ireland, started to build public and political pressure” for tax reform in Europe.The legal battles may go on for a few years more. The General Court rulings can be appealed once more to the EU’s highest tribunal, the EU Court of Justice. Meanwhile, Apple’s back taxes -- 14.3 billion euros including interest -- sit in an escrow account and can’t be paid to Ireland until the final legal challenges are exhausted.For Alex Cobham, chief executive of the Tax Justice Network campaign group, the issue is already in the past and “it’s not even the biggest tax scandal that Apple has” after reports on other structures it may use. Tax reforms under discussion “will ensure much closer alignment of taxable profits and the real economic activity” generated by them.The cases are: T-892/16, Apple Sales International and Apple Operations Europe v. Commission, T-778/16, Ireland v. Commission.(Updates with Vestager comment in seventh paragraph.)To contact the reporters on this story: Stephanie Bodoni in Luxembourg at sbodoni@bloomberg.net;Aoife White in Brussels at awhite62@bloomberg.netTo contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Peter ChapmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Shopify, Chipotle, Paycom Among 7 Big Winners That Just Triggered This Long-Term Sell Rule
    Investor's Business Daily

    Shopify, Chipotle, Paycom Among 7 Big Winners That Just Triggered This Long-Term Sell Rule

    While the Dow Jones nears highs, Shopify, Chipotle, Paycom, Starbucks, McDonald's, Alteryx and Universal Display triggered a long-term sell rule last week.

  • Starbucks (SBUX) Dips More Than Broader Markets: What You Should Know
    Zacks

    Starbucks (SBUX) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, Starbucks (SBUX) closed at $90.48, marking a -1.72% move from the previous day.

  • Starbucks appoints execs from Dominos, Nike, Apple to board
    American City Business Journals

    Starbucks appoints execs from Dominos, Nike, Apple to board

    Starbucks' 13-member board is led by former chairman and CEO of J.C. Penney Co. Myron Ullman III.

  • Kiplinger

    10 Top Stocks That Show Gender Diversity Counts

    Data shows that if you want to generate alpha and outperform the major indexes, some of the top stocks to buy are companies that practice gender diversity.Catalyst, the global nonprofit dedicated to building workplaces for women that work, has done exhaustive research into why diversity and inclusion matter. Among its findings: * Companies pay something of a self-imposed penalty for lack of diversity. That is, those companies that poorly practice gender and ethnic/cultural diversity were 29% less likely to experience profitability above the industry average. * A study of U.S. companies in the MSCI World Index between 2011 and 2016 found that "companies beginning with at least three women on their boards produced median gains of 10% ROE and 37% Earnings Per Share" over the five-year period. Companies with fewer women on their boards delivered less growth in these two important metrics. * A 2016 study by Intel and Dalberg Global Development Advisors found that tech companies that practiced diversity had higher revenues, profits, and market value than those that didn't. According to the study, diversity was worth $320 billion-$390 billion in increased market value by closing the gender gap in leadership.In short, investing in gender-diverse stocks isn't just a moral stance - it's financially rewarding. For investors looking for ways to get in, here are 10 top stocks that show gender diversity counts. SEE ALSO: All 30 Dow Stocks Ranked: The Analysts Weigh In

  • Top Consumer Discretionary Stocks for 2019
    Investopedia

    Top Consumer Discretionary Stocks for 2019

    In the booming economy of 2019, consumer discretionary stocks were skyrocketing until they weren’t. Here is a brief rundown of a few of the top stocks in this sector for this year.

  • The world’s most viral robot just praised Starbucks for closing its wage gap
    Yahoo Finance

    The world’s most viral robot just praised Starbucks for closing its wage gap

    Viral robot Sophia applauded Starbucks for the methods the company used to address the gender pay gap.

  • Business Wire

    Starbucks Announces Three New Appointments to Board of Directors

    SEATTLE-- -- Company appoints Ritch Allison, Domino’s CEO; Andrew Campion, NIKE CFO; and Isabel Ge Mahe, Apple’s Vice President and Managing Director of Greater China. These additions expand Starbucks Board of world-class, values-based leaders, as it continues to build an enduring company. Starbucks Corporation announced today the appointment of Richard E. Allison, Jr., Chief Executive Officer of Domino’s; ...

  • 5 Companies Growing Earnings
    GuruFocus.com

    5 Companies Growing Earnings

    Pfizer tops the list Continue reading...

  • TheStreet.com

    Jim Cramer: 4 Reasons to Buy Starbucks, Chipotle and These 6 Stocks Now

    Time to search the waiver wire. That's fantasy football talk about trying to pick up some bargains, players not signed by other teams that have turned out to be interesting prospects. It's a time-honored tradition, especially in a game where wide receivers get banged up pretty regularly, and as you can see from your screen, that's been the case both in the NFL and in stocks since this season began.

  • Here's why this developer wants to build a lakefront hotel in Winter Park
    American City Business Journals

    Here's why this developer wants to build a lakefront hotel in Winter Park

    Developers had tried — and failed — over the years to secure this site for redevelopment. But this developer used a different approach that's so far found success.

  • Starbucks bolsters employee benefits again
    American City Business Journals

    Starbucks bolsters employee benefits again

    Amid climbing rates of suicide and worker stress and depression, employee wellness and mental health have become hot topics for employers. Starbucks is the latest to draw attention to the issue, by bolstering its mental health benefits and partnerships.  The coffee chain already offers short-term counseling to all U.S. workers, but improvements will be made using feedback from employees and mental health experts, per HR Dive.   Only 4 to 5 percent of the company’s staffers actually take advantage of the mental health benefits offered, which include inpatient and outpatient mental health care, and six visits to a mental health provider at no cost, CNN Business reports. John Kelly, senior vice president of global public affairs and social impact for Starbucks, told CNN Business the company will involve employees in crafting a better plan.

  • Barrons.com

    Starbucks, Dunkin’ Brands, and Nestle Could Get Jolt With New Customers

    If the companies can make the point that their products are healthy, they may be able to convert non-coffee drinkers, analysts say.

  • GuruFocus.com

    Starbucks Corp (SBUX) evp, Public Affairs Vivek C Varma Sold $2 million of Shares

    evp, Public Affairs of Starbucks Corp (30-Year Financial, Insider Trades) Vivek C Varma (insider trades) sold 21,128 shares of SBUX on 09/06/2019 at an average price of $95.86 a share. Continue reading...

  • GuruFocus.com

    Wall Street Posts Losses on Tuesday

    Casey's General Stores gains on financial results Continue reading...

  • Wendy's Shares Fall for a Second Straight Day After Announcing Breakfast Launch
    Zacks

    Wendy's Shares Fall for a Second Straight Day After Announcing Breakfast Launch

    Shares of Wendy's (WEN) were down as much as 11% in intraday trading today, and closed down over 2% on Monday after the company announced they are ramping up spending on their breakfast line for a nationwide release sometime in 2020.

  • GuruFocus.com

    Maverick Risk

    As contrarians running a large-cap value strategy, our stock-picking discipline is organized around taking regular maverick risk on companies that meet our 8 criteria Continue reading...

  • With Accelerated Buybacks, Starbucks Stock May Take a Hit
    InvestorPlace

    With Accelerated Buybacks, Starbucks Stock May Take a Hit

    Starbucks (NASDAQ:SBUX) recently gave a presentation at Goldman Sachs where it lowered its forecast for its fiscal year 2020 ending September 2020. The CFO forecast non-GAAP earnings per share in fiscal year 2020 that would be just 10% above the EPS projected for FY 2019. Investors did not seem pleased.Source: Grand Warszawski / Shutterstock.com This 10% growth rate for FY 2020 will be much lower than the 16% growth expected for FY 2019. More importantly, it will be much lower than the 13% EPS growth rate originally projected for FY 2020 at Starbucks' Investor Day presentation earlier this year:Starbucks stock has been on a tear this year, up over 49% YTD. That was because of the expected increase in SBUX non-GAAP EPS to $2.81 from $2.42 last year, up 16%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut if the FY 2020 non-GAAP EPS growth of just 10% comes to pass, SBUX stock may take a hit -- or at least a breather -- from its impressive rise this year. Share Buybacks Moved ForwardOne of the reasons SBUX stock lowered its outlook is because it moved $2 billion of share buybacks that were expected to be completed in FY 2020 to this year. * 10 Stocks to Sell in Market-Cursed September That means less buybacks next year and hence lower-than-expected EPS for FY 2020. But it also means that there will be less activity in the market helping to push up the Starbucks stock price. In fact, one wonders how much of the price rise this year was due to SBUX stock's aggressively buybacks.For example, based on its latest SEC 10-Q filing in the nine months to June 30, 2019, SBUX has spent $7.97 billion on share repurchases. This was up from just $4.06 billion spent the same period last year, or 94% more. It's very likely that this almost doubling in its buybacks played a significant role in pushing up the stock 49% so far this year.It also is one of the main reasons that Starbucks' non-GAAP EPS will rise 16% this year, since the underlying growth for pre-tax earnings will be up less than 1%, according to one analyst.Why is that? Because the denominator in the EPS ratio has fallen a lot. So far this year SBUX has lowered its shares outstanding by 7.8% through buybacks. It will likely be down 10% by September with the additional $2 billion in share buybacks that Starbucks moved up. What Investors Can ExpectPutting together the series of statements that SBUX has made about pulling forward its share buybacks, it is now not clear how much share buyback activity it will have in FY 2020 (i.e. starting in October 2019).For example, in the third-quarter conference call management said it would complete $4 billion of shareholder capital returns in FY 2020. The $1.44 annual dividend will cost about $1.7 billion. The remaining $2.3 billion was supposed to be used for buybacks in FY 2020. But Starbucks CFO made clear that $2 billion of those buybacks were pulled into FY 2019, i.e. during the quarter ending September 2019.So analysts are going to be looking at whether SBUX stock announces a new buyback program when it reports the Q4 earnings sometime on Oct. 30.If it does, then maybe the 10% EPS projected for FY 2020 will be higher and there will be continuing underlying purchases pushing up the stock.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post With Accelerated Buybacks, Starbucks Stock May Take a Hit appeared first on InvestorPlace.

  • Wendy’s Stock: Why Does It Continue to Fall?
    Market Realist

    Wendy’s Stock: Why Does It Continue to Fall?

    A few analysts downgraded Wendy’s stock following the reduced outlook. Guggenheim and BTIG downgraded the stock to “neutral” from “buy.”

  • Financial Times

    Something stinks in supply-side economics

    Your article (“More than a third of foreign investment is multinationals dodging tax”, September 9 ) reports on an IMF and University of Copenhagen study finding that nearly 40 per cent of global foreign ...

  • Sophia the Robot: Technology doesn’t scare me, humans do
    Yahoo Finance Video

    Sophia the Robot: Technology doesn’t scare me, humans do

    Sophia the Robot, the AI creation from Hanson Robotics, joins Yahoo Finance’s Zack Guzman to discuss her “purpose”, the gender pay gap, and why developing technology shouldn’t scare people.

  • Will Wendy's $20 million bet on breakfast pay off?
    Yahoo Finance Video

    Will Wendy's $20 million bet on breakfast pay off?

    Wendy’s is getting back into the breakfast wars at long last. Starting next year, the fast-food chain will begin to serve breakfast at all of its U.S. restaurants, taking on rivals such as Dunkin' Donuts and McDonald's, but analysts are skeptical about the move. The Final Round panel discusses the impact on the sector.

  • SunTrust positive on Roku, Wedbush upgrades Chipotle to outperform
    Yahoo Finance Video

    SunTrust positive on Roku, Wedbush upgrades Chipotle to outperform

    Yahoo FInance's Myles Udland, Jen Rogers and Brian Sozzi break down some of the biggest analysts calls of the day.