Starbucks Corporation (SBUX) - NASDAQ
  • Mar. 7, 2013, 10:57 AM
    Vestact CEO Paul Theron says his firm is swapping out of Coca-Cola (KO -0.1%) in favor of Starbucks (SBUX +1.1%) with the road ahead for coffee looking more wide open than that of soda. The firm also likes the potential for Starbucks in China where its moderated pace of expansion could pay off.
    | Mar. 7, 2013, 10:57 AM | 2 Comments
  • Mar. 6, 2013, 2:54 PM

    Is Starbucks (SBUX +1.3%) immune to consumer spending worries? Bank of America is out with a positive note on the resilient food company pointing to channel checks which show strong sales momentum running nicely right along with the declining coffee input costs it's seeing. The firm has a $65 price target on shares.

    | Mar. 6, 2013, 2:54 PM | 1 Comment
  • Feb. 22, 2013, 8:50 AM

    The restaurant sector is on watch after a pre-earnings warning from Darden Restaurants (DRI) and a harsh downgrade on Wendy's (WEN) sets a negative tone. The picture being painted for 2013 is starting to get pretty consistent - margin pain and soft traffic trends. Other things to watch in 2013 for the sector: 1) The impact of higher payroll taxes. 2) The coming costs of the Affordable Care Act. 3) The push to raise the minimum wage. 4) Which chains can succeed in China and India?

    | Feb. 22, 2013, 8:50 AM | 5 Comments
  • Feb. 18, 2013, 7:01 AM
    Starbucks (SBUX) intends to more than double its headcount in Asia Pacific, which excludes China, India and Japan, to 40,000 over the next five years. Asia Pacific "has been a growth engine and will continue to be a growth engine despite economic uncertainty," says Starbucks' Jinlong Wang.
    | Feb. 18, 2013, 7:01 AM | 2 Comments
  • Feb. 13, 2013, 10:14 AM

    Margin pain on the horizon: Restaurants could get squeezed this year from a combination of higher commodity costs and frugal consumers, according to AlixPartners. Though traffic is forecast to rise 3%, the average ticket is expected to decline 4.7% with coupons, promotions, and discounts gaining favor. Chains that are expected to ride out the expected tough environment are those that can deliver healthy food fast. Chipotle (CMG -1.8%), privately-held Subway, and Panera (PNRA -1.5%) fit the bill.

    | Feb. 13, 2013, 10:14 AM | 6 Comments
  • Feb. 11, 2013, 6:50 AM
    British coffee chain Costa aims to take on Starbucks (SBUX) in China with a plan to have 250 stores opened by the end of the year in the region and 500 stores operational by 2016. It's a slower pace of expansion than Starbucks, but still pits the world's second biggest coffee company against the largest in a key market.
    | Feb. 11, 2013, 6:50 AM | 1 Comment
  • Feb. 8, 2013, 1:36 PM

    Starbucks (SBUX +0.9%) announces it lined up a new credit facility to replace the one set to mature next year. The new credit facility will increase the company's borrowing capacity to $750M from a previous level of $500M.

    | Feb. 8, 2013, 1:36 PM
  • Jan. 29, 2013, 8:30 AM
    Retail shakeup: Could the potential closure of a third of all of Barnes & Noble's retail stores over the next ten years give a boost to Starbucks (SBUX)? It's a question which will be closely watched as analysts dissect Starbucks' retail strategy in the U.S. with saturation issues still cropping up in some markets.
    | Jan. 29, 2013, 8:30 AM | 4 Comments
  • Jan. 28, 2013, 9:02 AM

    Execs with Starbucks (SBUX) say the company's drive-through locations continue to be highly profitable and think that over the next five years more than half of 1.5K outlets slated to be opened in the U.S. will be of the drive-through variety. SBUX +0.5% premarket.

    | Jan. 28, 2013, 9:02 AM | 1 Comment
  • Jan. 28, 2013, 5:39 AM

    Starbucks (SBUX) reportedly will hold back $158M pegged for investments in the U.K. after comments from Prime Minister David Cameron rubbed the company the wrong way. Mr. Cameron claimed the coffee giant must "wake up and smell the coffee" on the issue of tax avoidance. Starbucks had said it will review its tax payment policy, but is feeling a bit singled out in the region.

    | Jan. 28, 2013, 5:39 AM | 9 Comments
  • Jan. 25, 2013, 9:05 AM
    The three year run by Starbucks (SBUX) of reporting quarterly comparable store sales in the U.S. of 7% or higher makes its lofty valuations a bit easier for an investor to digest, according to retail analyst Rahul Sharma. (SBUX: earnings, wrapup, CC transcript)
    | Jan. 25, 2013, 9:05 AM
  • Jan. 24, 2013, 6:00 PM
    Green Mountain Coffee (GMCR) +1.2% AH following Starbucks' (SBUX) FQ1 report. Starbucks mentioned on its call it sold 175M K-Cups during the quarter; a year ago, it shipped 100M K-Cups over 2 months. Starbucks also mentioned its January U.S. same-store growth has thus far been consistent with FQ1 levels,. The coffee chain plans to open 30+ new Teavana stores by year's end, launch new single-serve Verismo machines, and have 1,500 stores in China by 2015. Shares +3.4% AH.
    | Jan. 24, 2013, 6:00 PM | 2 Comments
  • Jan. 24, 2013, 4:22 PM

    More on Starbucks' (SBUX) FQ1: The company reports comparable store sales were up 6%, with traffic gaining 4% and ticket prices rising 2%. By region, China/Asia Pacific showed the strongest growth rate at 11%. More than 150K Verismo machines have been sold since the product launch. Operating margin up 30 bps to 16.6% due to what the company calls "increased sales leverage." Previous FY13 growth targets are affirmed. On buybacks, Starbucks says it still as 29M shares on its repurchase plan after burning through 8M shares in FQ1. SBUX -1.8% AH. (PR)

    | Jan. 24, 2013, 4:22 PM | 2 Comments
  • Jan. 24, 2013, 4:09 PM
    Starbucks (SBUX): FQ1 EPS of $0.57 in-line. Revenue of $3.80B (+11% Y/Y) misses by $4M. Shares -1.8% AH. (PR)
    | Jan. 24, 2013, 4:09 PM | 5 Comments
  • Jan. 24, 2013, 10:19 AM

    Starbucks (SBUX +0.1%) continues to open stores in India at a measured pace, picking international airport locations over riskier settings. The company's trajectory is likely to stay slow as local coffee chains are formidable competition in a coffee market that is already quite small relative to the nation's population.

    | Jan. 24, 2013, 10:19 AM | 1 Comment
  • Jan. 24, 2013, 12:10 AM

    Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN

    | Jan. 24, 2013, 12:10 AM | 1 Comment
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