Starbucks Corporation (SBUX) - NASDAQ
  • Jul. 26, 2013, 10:27 AM

    Goldman Sachs joins the list of firms raving about Starbucks' (SBUX +7.3%) FQ3 results and sees major catalysts setting up for the company. The investment firm thinks Starbucks is only in the early stages of international expansion and that it's expanded food channel initiatives will drive growth. (Previous on SBUX: earnings, recap, CC)

    | Jul. 26, 2013, 10:27 AM | 2 Comments
  • Jul. 26, 2013, 9:11 AM
    Premarket gainers: ETRM +29%. ATVI +14%. KNDI +11%. PSO +8%. SBUX +7%. GILD +5%.
     Losers: EXPE -23%. SWI -21%. IPCI -17%. ZNGA -17%. VRTX -9%. CRUS -6%.
    | Jul. 26, 2013, 9:11 AM
  • Jul. 26, 2013, 8:03 AM

    Heard during Starbucks' (SBUX) earnings call: 1) The company scored such broad sales gains it was hard for analysts to find much to quibble over. Much of the Q&A covered possible M&A activity and the company's debt load. 2) In FQ3, Canada was a highlight as it grew comparable store sales at the highest rate in the past year and half. 3) Starbucks says it opened new juiceries in June which will help it meaningfully expand availability of Evolution Fresh Juice in both stores and CPG channels. 4) No news on efforts to resolve the dispute with Kraft Foods. SBUX +6.6% premarket. (transcript)

    | Jul. 26, 2013, 8:03 AM
  • Jul. 25, 2013, 5:30 PM
    After-hours top gainers, as of 5:15 p.m.: LOGM +9%. SBUX +6%. RENN +6%. GILD +5%. CLF +3%.
    After-hours top losers: TPX -13%. ZNGA -13%. OUTR -9%. VRTX -9%. GPN -8%.
    | Jul. 25, 2013, 5:30 PM
  • Jul. 25, 2013, 4:30 PM

    More on Starbucks' (SBUX) FQ3: The company reported broad sales gains across regions with comparable store sales rising 8% to easily beat its 5.6% pace from a year ago. By region, China/Asia Pacific stood out with the rate of traffic growth doubling Q/Q. Customers remained loyal, pre-loading cards faster than ever and absorbing price hikes. Starbucks opened 341 net new stores during the period. The news is just as rosy for FY14, with Starbucks forecasting double-digit revenue growth and operating margin improvement of approximately 150-200 bps over FY13. Shares +6.1% AH to $72.35 - a higher level than they have ever closed at.

    | Jul. 25, 2013, 4:30 PM | 1 Comment
  • Jul. 25, 2013, 4:18 PM
    Starbucks (SBUX): FQ3 EPS of $0.55 beats by $0.02 Revenue of $3.7B (+13% Y/Y) in-line. Shares +4.8% AH. (PR)
    | Jul. 25, 2013, 4:18 PM | 4 Comments
  • Jul. 19, 2013, 4:56 AM

    The G20 has backed an OECD report that would overhaul international corporate taxes and end the loopholes that enable major multinational corporations such as Starbucks (SBUX), Google (GOOG) and Apple (AAPL) to avoid paying large amounts of tax. A major target of the change is the practice of transferring profits where they are generated into low or no-tax jurisdictions via internal company transactions.

    | Jul. 19, 2013, 4:56 AM | 13 Comments
  • Jul. 16, 2013, 11:27 AM

    The restaurant sector sees a ton of sell-side activity today with Stifel initiating Yum Brands (YUM, previous) and Domino's (DPZ -0.7%) as Buys and McDonald's (MCD -0.2%), Panera (PNRA -0.5%), Starbucks (SBUX -0.5%), Chipotle (CMG -2.3%), Noodles (NDLS -2.8%), and Buffalo Wild Wings (BWLD -3%) as Holds (BWLD also downgraded by Baird). Baird also cuts Chuy's (CHUY -5.9%) to Hold. Bloomin' Brands (BLMN -0.8%) and Texas Roadhouse (TXRH -0.9%) are cut to Hold at JPMorgan.

    | Jul. 16, 2013, 11:27 AM | 1 Comment
  • Jul. 5, 2013, 9:54 AM

    Foreign retailers see higher rent costs in first-tier cities in China continue to impact their decisions on where to set up shop and which stores to shutter. While sales growth has slowed down, in cities such as Beijing and Shanghai rent prices continue to rise unabated. Tesco (TSCDF.PK), Starbucks (SBUX +0.6%), and Tiffany (TIF +1%) are just a few of the companies adjusted store strategy in the region.

    | Jul. 5, 2013, 9:54 AM
  • Jun. 28, 2013, 8:27 AM

    Starbucks (SBUX) is reportedly testing new carbonated "Sparkle Drinks" in select market. Color: RBC sees the initiative driving sales in the off-peak hours if it's rolled out nationally. SBUX +0.3% premarket.

    | Jun. 28, 2013, 8:27 AM | 2 Comments
  • Jun. 26, 2013, 9:41 AM

    Starbucks (SBUX +1.6%) plans to open 100 new stores in Malaysia over the next four years. The pace of store growth is similar to the track the company is taking in Indonesia and the Philippines.

    | Jun. 26, 2013, 9:41 AM
  • Jun. 26, 2013, 8:53 AM
    Displaying calorie counts at stores won't slow down Starbucks (SBUX), according to Belus Capital Advisors. The fat content of particular items on the company's menu is already well-known and an initiative to offer healthier alternatives is well-entrenched. On deck: Analyst Brian Sozzi sees a bounce to $70 for SBUX this summer.
    | Jun. 26, 2013, 8:53 AM
  • Jun. 25, 2013, 7:59 AM

    The morning grind: Consumers starting paying higher prices at Starbucks (SBUX) today with some drinks as much as $0.10 higher. The price hike isn't expected to give any help to Dunkin' Brands (DNKN) and McDonald's (MCD) which have kept their coffee prices level despite the higher cost of milk that is serving as a potential margin irritant for Q3.

    | Jun. 25, 2013, 7:59 AM | 9 Comments
  • Jun. 24, 2013, 10:26 AM

    Coffee prices (JO) could reverse after touching a 47-month low, according to Barron's. A coffee-rust disease in Central America and increased global demand could prompt a quick rally and eventually increase commodity costs for Starbucks (SBUX -2.1%), Green Mountain Coffee Roasters (GMCR -3.3%), J.M. Smucker (SJM -0.8%), Peet's Coffeee & Tea (PEET), Kraft Foods (KRFT -0.7%), Dunkin' Brands (DNKN -2.4%), and other sellers.

    | Jun. 24, 2013, 10:26 AM | 2 Comments
  • Jun. 21, 2013, 1:39 PM

    Starbucks (SBUX -0.8%) plans to raise coffee prices by an average of 1%. The company cites higher labor costs and escalating rent prices as the reasons behind the move.

    | Jun. 21, 2013, 1:39 PM | 1 Comment
  • Jun. 19, 2013, 8:13 AM

    Jefferies reiterates its Buy rating and $66 price target on Starbucks (SBUX) after sizing up the company's presentation at the investment firm's consumer conference yesterday (recap). Analysts with the firm say Starbucks has the best visibility in the large-cap growth universe.

    | Jun. 19, 2013, 8:13 AM | 3 Comments
Company Description
Starbucks Corp. engages in the manufacture and sale of coffee and tea. The firm operates through the following segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; Channel Development; and Other. Its brand portfolio includes Starbucks Coffee, Seattle's Best Coffee, Tazo Tea,... More
Sector: Services
Industry: Specialty Eateries
Country: United States