Starbucks Corporation (SBUX) - NASDAQ
  • Sep. 25, 2015, 11:30 AM
    • Starbucks (SBUX +0.7%) plans to raise the compensation level of employees in the U.K. next year.
    • The minimum hourly pay rate will go to £7.20 ($10.92) and supervisors will receive a minimum hourly wage of £8.72 ($13.23).
    • The level of minimum wages is a growing political issue in the U.K. this year.
    | Sep. 25, 2015, 11:30 AM | 29 Comments
  • Sep. 24, 2015, 11:11 AM
    • A partnership between Starbucks (SBUX -0.6%) and Dannon (OTCQX:DANOY) is picking up steam as Evolution Fresh yogurt makes its way into mainstream grocery store chains.
    • The crowded field of yogurt contenders has increased the importance of shelf positioning and marketing, two areas where food analysts think the Dannon-Starbucks partnership could be disruptive.
    • Evolution Fresh/Dannon partnership fact sheet (.pdf)
    | Sep. 24, 2015, 11:11 AM | 2 Comments
  • Sep. 22, 2015, 7:58 AM
    • Starbucks (NASDAQ:SBUX) announces Mobile Order & Pay is available nationally.
    • Customers in the U.S. can now order at any Starbucks store and pre-pay for the order before picking up their items at the pick-up area.
    • Early tests at pilot stores of the program have gone well smoothly, according to food blogs.
    | Sep. 22, 2015, 7:58 AM | 10 Comments
  • Sep. 21, 2015, 8:01 AM
    • Starbucks (NASDAQ:SBUX) announces a partnership with Monoprix in France.
    • The company will start opening stores inside of Monoprix retail locations before the end of the year.
    • Monoprix operates six different chains in France.
    | Sep. 21, 2015, 8:01 AM | 11 Comments
  • Sep. 17, 2015, 10:28 AM
    • Starbucks (SBUX) showed sizzling single-serve sales growth over the four weeks ending on September 5, according to a new Nielsen data read digested by UBS.
    • Single-serve sales were up 41% for Starbucks on 53% unit growth.
    • The company grew K-cup market share by 40 bps Y/Y to 16.7% over the period.
    • McDonald's (MCD -0.6%) and Dunkin Brands (DNKN) also took K-cup market share, while Keurig Green Mountain (GMCR -2.2%) gave some back.
    • Overall, K-cup sales in the U.S. have been growing at a double-digit rate even with some deceleration from last year's pace.
    | Sep. 17, 2015, 10:28 AM | 23 Comments
  • Sep. 16, 2015, 7:31 AM
    • Moody's upgrades credit ratings on Starbucks (NASDAQ:SBUX) on a favorable view of the company's cash flow position.
    • The ratings agency moves Starbucks's senior unsecured ratings to A2 from A3, short-term commercial paper rating to Prime-1 from Prime-2, and senior unsecured shelf to (NYSE:P)A2 from (P)A3.
    • "Starbucks measured growth strategy, product pipeline, digital initiatives and balanced financial policy will continue to drive operating earnings," reads a summary from Moody's.
    | Sep. 16, 2015, 7:31 AM | 1 Comment
  • Sep. 10, 2015, 3:41 PM
    • Starbucks (NASDAQ:SBUX) presented today at the Goldman Sachs Retailing Conference.
    • The early read from execs is that the economic and market turmoil in China hasn't disrupted the company's transaction volume in the region.
    • On the operational side, more stores are seeing a second oven added to process more heated items.
    • Food in general accounts for 20% of  total sales vs. a mid-teens percentage a few years ago. Starbucks thinks the total could hit 25% in a few years without taking away from beverage sales.
    • Mobile Order and Pay was also a big topic. All stores will have the feature by the end of the month and an Android app is close. Next year, the app will add suggestions for orders based on consumer data.
    • Conference webcast
    | Sep. 10, 2015, 3:41 PM | 2 Comments
  • Sep. 4, 2015, 7:28 AM
    | Sep. 4, 2015, 7:28 AM | 37 Comments
  • Aug. 28, 2015, 11:10 AM
    | Aug. 28, 2015, 11:10 AM | 122 Comments
  • Aug. 25, 2015, 5:35 PM
    • investors should stick with "market darlings" - the 25 stocks that had performed the best during the six months before a market pullback - according to the analyst team at RBC.
    • The firm notes that although many recent winners are leading the market lower, the extent of the underperformance is just 1%; it also says investing in the group following sharp market pullbacks is a winning strategy over the ensuing week, month and six months.
    | Aug. 25, 2015, 5:35 PM | 61 Comments
  • Aug. 25, 2015, 11:29 AM
    • South Korean firm E-Land plans to open more than 700 Coffee Bean & Tea Leaf stores in China, according to Nation's Restaurant News.
    • The expansion will place it in closer competition with Starbucks (NASDAQ:SBUX) in the region. Earlier this year, Starbucks said it planned to have 3.4K stores open in China within five years.
    • The first Coffee & Bean outlet in China is scheduled to open in Q4.
    | Aug. 25, 2015, 11:29 AM | 2 Comments
  • Aug. 24, 2015, 3:45 PM
    • Starbucks (SBUX -5.0%) trades lower on a huge volume day as the impact of slower growth expectations in China is digested by investors.
    • The coffee chain juggernaut is now over 15% lower than its 52-week high and fell further on the day than both Yum Brands and McDonald's which also have exposure in China.
    • In an e-mail leaked to Forbes, Starbucks CEO Howard Schultz is revealed to have told employees to be extra sensitive to customers due to the financial markets and political instability.
    | Aug. 24, 2015, 3:45 PM | 19 Comments
  • Aug. 19, 2015, 11:06 AM
    • Starbucks (SBUX -0.7%) signs a licensing agreement with Baristas Del Caribe for exclusive rights to operate Starbucks stores in Puerto Rico.
    • The company plans to expand beyond the 19 stores it currently has operating in Puerto Rico.
    • Baristas Del Caribe is an affiliate of Empresas Fonalledas.
    | Aug. 19, 2015, 11:06 AM | 8 Comments
  • Aug. 17, 2015, 10:46 AM
    • Starbucks (SBUX +0.4%) will begin selling beer and wine at over 24 new stores in the U.S. this week as it accelerates its push into alcohol.
    • The company also has liquor licenses pending in hundreds of other locations.
    • The confidence from the Seattle HQ over the beer and wine initiative is based off of positive consumer response at pilot stores.
    • The roll-out of alcohol at more Starbucks stores is no help to big brewers such as Anheuser-Busch InBev because the wine and beer selections will be of the local and craft varieties.
    • Starbucks Evenings store and menu information
    | Aug. 17, 2015, 10:46 AM | 12 Comments
  • Aug. 12, 2015, 10:01 AM
    • Yum Brands (YUM -4.3%) slides to a 4-month low as concerns over sales in China mount amid a weaker local currency and broader macroeconomic question marks.
    • Shares of the restaurant company are down almost 9% from last week's high.
    • Starbucks (SBUX -1.6%) and McDonald's (MCD -0.9%) face the same foreign currency translation issue as Yum, but not nearly at the same scale.
    | Aug. 12, 2015, 10:01 AM | 13 Comments
  • Aug. 6, 2015, 3:37 PM
    • Starbucks (SBUX -3.1%) announces it has entered its 15th market in Latin America with a new store in Peru.
    • The company has plans to open 20 stores in Panama over the next five years.
    | Aug. 6, 2015, 3:37 PM | 6 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