Starbucks Corporation (SBUX) - NASDAQ
  • Apr. 29, 2013, 3:39 PM

    Moody lifts its rating on Starbucks (SBUX +1%) to Baa2 after sizing up the company's earnings and profit margin profile. The ratings agency says a positive resolution in the dispute between Starbucks and Mondelez International could help warrant another bump.

    | Apr. 29, 2013, 3:39 PM | 1 Comment
  • Apr. 26, 2013, 8:11 AM

    Shares of Starbucks (SBUX) drop 2.2% premarket as the company sits as a victim of its own success. Sales gains of 6% in the U.S. and 8% in China were solid, but not enough to blow past estimates. A counterpoint is that with McDonald's and Dunkin Brands showing flattish sales this year, the thesis that demand for Starbucks' premium coffee is insulated from consumer spending swings seems to be intact. During the earnings call (transcript), execs highlighted the success of the firm's multi-channel loyalty program.

    | Apr. 26, 2013, 8:11 AM
  • Apr. 25, 2013, 4:18 PM

    More on Starbucks' (SBUX) FQ2: The company reports global comparable store sales grew 6%, with a 4% increase in traffic and a 2% gain in average ticket price contributing. By region, Europe and Asia showed lighter sales than forecast while the U.S. was in-line. The company added 590 net new stores during the quarter. Operating margin up 180 bps to 15.3% as lower commodity costs kicked in. Guidance for FY13 EPS is set at $2.12-$2.18 vs. $2.06-$2.15 prior and $2.17 consensus. SBUX -1.3% AH. (PR)

    | Apr. 25, 2013, 4:18 PM | 2 Comments
  • Apr. 25, 2013, 4:09 PM
    Starbucks (SBUX): FQ2 EPS of $0.48 in-line. Revenue of $3.56B (+12% Y/Y) misses by $2M. Shares -1.1% AH. (PR)
    | Apr. 25, 2013, 4:09 PM | 8 Comments
  • Apr. 25, 2013, 12:10 AM

    Notable earnings after Thursday’s close: AEM, ALTR, AMCC, AMKR, AMZN, BIDU, BJRI, BLDR, BMRN, CALX, CAMP, CB, CBG, CENX, CERN, CINF, CLWR, CRUS, CSTR, CTCT, DECK, DLB, ELY, EMN, EXPE, FII, FR, FSL, GERN, IGT, IM, INAP, INFA, KBR, KEG, KLAC, LEG, MCRS, MXIM, N, NR, NTGR, OLN, PFG, PKI, PMCS, QLIK, RMD, RRC, RSG, SBUX, SIMO, SPN, SWKS, SYNA, TCO, THRX, TLAB, UHS, VPRT, VRSN, WRE, WYNN

    | Apr. 25, 2013, 12:10 AM
  • Apr. 24, 2013, 5:35 PM

    Notable earnings after Thursday’s close: AEM, ALTR, AMCC, AMKR, AMZN, BIDU, BJRI, BLDR, BMRN, CALX, CAMP, CB, CBG, CENX, CERN, CINF, CLWR, CRUS, CSTR, CTCT, DECK, DLB, ELY, EMN, EXPE, FII, FR, FSL, GERN, IGT, IM, INAP, INFA, KBR, KEG, KLAC, LEG, MCRS, MXIM, N, NR, NTGR, OLN, PFG, PKI, PMCS, QLIK, RMD, RRC, RSG, SBUX, SIMO, SPN, SWKS, SYNA, TCO, THRX, TLAB, UHS, VPRT, VRSN, WRE, WYNN

    | Apr. 24, 2013, 5:35 PM
  • Apr. 17, 2013, 2:09 PM
    Starbucks (SBUX -0.6%) is testing new root beer and ginger ale drinks at locations in Seattle, according to the StarbucksMelody blog. The on-the-scene reports indicate the company is allowing the drinks to be customized. The development becomes even more interesting considering Starbucks' ability to manufacture brewing systems. Should SodaStream (SODA -1.3%) be worried?
    | Apr. 17, 2013, 2:09 PM | 1 Comment
  • Apr. 12, 2013, 9:17 AM

    Starbucks (SBUX) will slash prices on 12-ounce packages of branded and Seattle's Best coffee found in grocery stores. Price cuts will amount to more than 10% on both products and are aimed at keeping the company's grocery brands competitive with those of J.M. Smucker (Folgers, Dunkin') and Kraft Foods (Maxwell House), all of which have seen price reductions recently. 

    | Apr. 12, 2013, 9:17 AM | 2 Comments
  • Apr. 11, 2013, 9:38 AM

    Longbow Research is out with a note to clients indicating demand for K-cup products is strong. The data point is good news for Dunkin' Brands (DNKN +0.1%), Starbucks (SBUX +0.2%) and Green Mountain Coffee (GMCR +0.7%) as the thesis that the K-cup market is big enough for multiple companies looks to be playing out. What to watch: A key trend is that fresh generic brands in the market are drawing new customers instead of taking away market share from the established sellers.

    | Apr. 11, 2013, 9:38 AM | 2 Comments
  • Apr. 10, 2013, 2:17 PM

    Restaurant visits by parties of adults grew by 1% last year to end four consecutive declines in the category but visits with children in tow showed flat growth once again, according to tracking from the NPD Group. A tripping point for the sector has been the lack of growth in visits by parties with kids. What to watch: Analysts see increased promotional activity sneaking in on the industry's margins.

    | Apr. 10, 2013, 2:17 PM | 5 Comments
  • Apr. 7, 2013, 2:01 AM

    The median total salary for the 100 highest-paid CEOs of major companies edged up 2.8% to over $14M in 2012, while the cost of perks, such as the use of private jets, jumped 19% to 320,635. Oracle's (ORCL) Larry Ellison was the top earner, receiving $96.2M in salary, perks and bonuses, and $90.7M in stock options. Other CEOs in the top 10 include HCA's (HCA) Richard Bracken, Disney's (DIS) Robert Iger, Nike's (NKE) Mark Parker, Starbucks' (SBUX) Howard Schultz and American Express' (AXP) Kenneth Chenault.

    | Apr. 7, 2013, 2:01 AM | 4 Comments
  • Apr. 5, 2013, 7:22 AM

    Companies selling coffee are expected to continue to skate by with high prices on premium coffee despite the recent drop in coffee commodity costs. Channel checks and recent sales reports indicate demand and pricing power is as strong as ever. Perking up: Starbucks (SBUX), Dunkin' Brands (DNKN), McDonald's (MCD), Green Mountain Coffee (GMCR), Tim Hortons (THI), and Whole Foods Market (WFM).

    | Apr. 5, 2013, 7:22 AM | 6 Comments
  • Apr. 4, 2013, 9:10 AM
    Starbucks (SBUX) plans to add 100 new stores in Indonesia and another 100 in the Philippines over the next four years as part of its expansion plan in Southeast Asia. The company has been sourcing arabica coffee from the region since 1971.
    | Apr. 4, 2013, 9:10 AM
  • Apr. 2, 2013, 4:32 PM
    Starbucks (SBUX) sells its remaining 18% stake in its Mexican business to JV partner and local restaurant owner Alsea. As part of the deal, Alsea has obtained exclusive rights to operate Starbucks shops in Mexico for the next 14 years, with an option to extend its rights for another 10. Terms are undisclosed.
    | Apr. 2, 2013, 4:32 PM | 3 Comments
  • Apr. 2, 2013, 9:00 AM
    While major food companies look to China for growth, the government in China looks set to play a little defense. State-owned China Foods says it will buy wineries in the U.S. and Australia to help the nation compete on the wine front. The bigger issue: Will China stand pat on the coffee front while Nestle (NSRGY.PK) and Starbucks (SBUX) invade its turf?
    | Apr. 2, 2013, 9:00 AM | 1 Comment
  • Apr. 2, 2013, 7:18 AM

    Nestle (NSRGY.PK) plans to spend at least 100M yuan ($16M) on a new coffee facility in China in an effort to promote the alternative to tea. Although the final verdict on consumers' appetite for coffee in China isn't quite in yet, coffee sales rose 13% last year to 7B yuan ($1.13 billion) and Starbucks (SBUX) is optimistic enough on the market that it's considering selling bagged coffee in grocery stores.

    | Apr. 2, 2013, 7:18 AM
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