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Starbucks exploring options for China business including stake sale: report
Proactiveinvestors NA· 2024-11-22 00:20
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Starbucks(SBUX) - 2024 Q4 - Annual Report
2024-11-21 05:08
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 000-20322 Starbucks Corporation (Exact Name of Registrant as Specified in its Charter) | --- | --- | --- | --- | |-------------- ...
Starbucks App Now Includes DoorDash-Powered Delivery
PYMNTS.com· 2024-11-15 06:22
Starbucks now offers access to delivery powered by DoorDash through its own app.As of Monday (Nov. 11), customers across the United States and Canada (excluding Quebec) can order delivery through the Starbucks app, the company said in a Tuesday (Nov. 12) press release.Starbucks customers can also continue to order delivery through the DoorDash app, as those in a growing number of locations have been able to do since the rollout of that capability began with a pilot program in select markets in 2022, accordi ...
3 Must-Know Facts About Starbucks Before Buying the Stock
The Motley Fool· 2024-11-14 22:00
This industry-leading company has been struggling in recent years.Starbucks (SBUX 1.01%) dominates the retail coffee industry, with its massive store base and global presence. Since its initial public offering in 1992, the business has usually been a wildly successful investment. But this hasn't been the case recently, with shares generating a negative 8% total return in the past three years. Adding Starbucks to your portfolio might be something you're considering. Here are three facts about this top restau ...
Starbucks Stock Downgraded on Stale Technical Setup
Schaeffers Investment Research· 2024-11-13 22:34
Shares of Starbucks Corp (NASDAQ:SBUX) are 1.1% lower this morning, following a downgrade to "sell" from "neutral." Specifically, Redburn Atlantic downgraded shares of the coffeehouse chain and lowered its price target from $84 to $77, citing the consensus outlook for the company that does not "adequately reflect" the associated costs. The Wall Street analyst pointed towards Starbucks' recently suspended outlook and the fact that same-store sales, net revenue, and income all declined in the fourth quarter. ...
Former Starbucks CEO Howard Schultz says Brian Niccol's back-to-basics plan will fix slumping sales at the coffee giant
Business Insider· 2024-11-12 07:39
Starbucks' ex-CEO, Howard Schultz, told Fortune he trusts successor Brian Niccol to revitalize the company.Niccol plans a back-to-basics strategy as the coffee chain faces low sales.Schultz, who served three stints as CEO, said there's no chance he'll reprise his role again. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics i ...
Starbucks CEO Brian Niccol's New Strategies All Share This Essential Quality That Could Help the Dividend Stock Return to Growth
The Motley Fool· 2024-11-09 16:36
Starbucks is coming off a terrible year and has a long way to go to regain favor on Wall Street.When it was announced that former Chipotle CEO, Brian Niccol, would become the new head of Starbucks (SBUX 1.49%), the coffee giant's stock price shot up a staggering 24.5% in a single-trading session.But Starbucks stock has barely moved in the past few months as investors digest what the leadership change means for the struggling company that, even after the gain, is still roughly the same price today as it was ...
Wall Street Analysts Think Starbucks (SBUX) Is a Good Investment: Is It?
ZACKS· 2024-11-08 23:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Starbucks (SBUX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Starbucks currently has an avera ...
Starbucks' app is down on the first day of the chain's holiday menu
Business Insider· 2024-11-07 23:09
事件描述 - 周四早高峰期间星巴克移动应用似乎出现故障部分用户收到移动订单不可用消息 [1] - 数十位星巴克应用用户周四早间在社交媒体发文称无法通过应用下单或购买商品 [3] - 故障规模尚不清楚星巴克未立即回应商业内幕的置评请求但在X上回应顾客称正在经历临时故障 [4] 应用相关情况 - 星巴克应用一直是增长来源但也给员工带来运营挑战 [1] - 星巴克CEO上月表示将对移动订单设置限制以简化咖啡师工作流程 [6] 事件背景 - 周四是星巴克假日菜单推出的第一天 [2][4]
Bear of the Day: Starbucks (SBUX)
ZACKS· 2024-11-06 19:00
Starbucks (SBUX) is a roaster and retailer of specialty coffee globally. Besides its fresh, rich-brewed coffees, the company's offerings include many complimentary food items and a selection of premium teas and other beverages, sold mainly through its retail stores.Analysts have taken their earnings expectations lower, landing the stock into an unfavorable Zacks Rank #5 (Strong Sell).Image Source: Zacks Investment ResearchLet’s take a closer look at how the company currently stacks up.StarbucksStarbucks sha ...