Seeking Alpha
 

Starbucks Corporation (SBUX)

- NASDAQ
  • Aug. 8, 2012, 7:37 AM
    More on the Starbucks-Square tie-up (previous): According to academic Bill Maurer it would take a "big merchant" jumping into the mobile payments to break the mobile payment barrier of consumers who see little reason to change from a physical wallet to a virtual wallet. If the SBUX-Square deal hits full stride, shoppers at stores won't even if have to take out their phone to make a payment, much less actually sign a receipt. Did mobile payments just break the 4-minute mile?
    | 1 Comment
  • Aug. 8, 2012, 12:57 AM
    Starbucks (SBUX) will equip nearly 7K stores with Square's tiny card readers, and invest $25M in the payments juggernaut. Starbucks will also support Pay With Square, an app-based solution that lets users set up a tab, later this year. Now that Square, already very popular with small businesses, has landed its first big retail chain, time is running out for card-reader rivals (I, II) such as PayPal (EBAY), Verifone (PAY), and Groupon (GRPN) to gain critical mass. (SBUX mobile apps)
    | 13 Comments
  • Aug. 7, 2012, 2:02 PM
    Starbucks (SBUX +3.5%) declines to comment on a possible boost in sales as the gay and lesbian community calls on supporters to visit SBUX stores as a way to mark today's National Marriage Equality Day. In general, the company has been walking a tightrope between entering the Chick-Fil-A debate and offending customers, but execs probably can't help but wonder what today's same-store sales will look like after indy restaurant chain Chick-Fil-A smashed sales records with its own influx of politically-motivated traffic.
    | 5 Comments
  • Aug. 2, 2012, 8:04 AM
    Argus downgrades Starbucks (SBUX) to Hold on a valuation call. A growing number of analysts call the stock "pricey" despite the recent 15% drop following FQ3 earnings. The question on whether or not the U.S. coffee market is completely oversaturated is starting to get some run. SBUX +0.2% premarket.
    | 4 Comments
  • Jul. 31, 2012, 10:33 AM
    Shares of Starbucks (SBUX -2.5%) take another turn lower as investors grapple with rumors the company could pay a premium for coffee rival Peet's. The bull case on SBUX states the post-earnings dip provides a great entry point with wholesale coffee prices declining, while naysayers pound out the message that the stock's pricey earnings multiple is still too high for a $36B company struggling to maintain lofty growth rates.
    | 5 Comments
  • Jul. 30, 2012, 8:00 AM
    Shares of Peet's Coffee (PEET) keep floating above the buyout mark of $73.50 per share as investors continue to bet on a better offer coming down the pipeline. Wall Street chatter: Starbucks (SBUX) entering the fray with a bid of $80/share.
    | Comment!
  • Jul. 27, 2012, 10:33 AM
    Starbucks (SBUX -11.7%) continues to get roasted after missing FQ3 estimates, guiding FQ4 and FY13 forecasts lower, and making downbeat comments on its earnings call about U.S. traffic (slowdown in June), EMEA demand (flat same-store sales), and K-Cup margins. Baird is downgrading Starbucks to Neutral, but Deutsche thinks accelerating unit growth, ongoing same-store sales growth, and lower commodity prices spell a buying opportunity. GMCR -1.3%. DNKN -1.3%. JVA -1.8%.
    | 7 Comments
  • Jul. 27, 2012, 9:12 AM
    Premarket gainers: AUTH +60%. OCZ +29%. MNI +19%. STEM +18%. SIMO +17%. ACI +14%. EXPE +14%. KKR +10%. DECK +9%. BCS +7%. PWER +7%. JRCC +6%. ANR +5%.
    Losers: GDOT -57%. ATPG -32%. APKT -18%. NTGR -17%. FB -16%. CSTR -14%. SBUX -10%. HZNP -8%. LOGI -5%.
    | 1 Comment
  • Jul. 26, 2012, 7:05 PM
    Green Mountain Coffee (GMCR) -3% AH in response to Starbucks' (SBUX) weak FQ3 report and guidance. During its earnings call, Starbucks claimed it has shipped over 350M K-Cups since November, and now has a 20% share of the single-cup coffee market. However, it also said margins for the division responsible for K-Cups have fallen due to higher commodity costs.
    | Comment!
  • Jul. 26, 2012, 6:19 PM
    From Starbucks' (SBUX) FQ3 conference call: After earlier sending execs to the "problem spot" of Western Europe, it will close unprofitable stores on the continent over the rest of the year. Despite an EPS miss, CEO Howard Schultz would take Q3's comp-store growth (7% U.S.; 6% global) "any quarter over the 41-year history of the company." Lower Q4 numbers are a "very conservative approach" but execs believe strongly in 15-20% growth guidance for 2013, with expectations to benefit from lower commodity costs. Shares now -10.3% AH. (earnings; call transcript)
    | 1 Comment
  • Jul. 26, 2012, 4:13 PM
    More from Starbucks' FQ3 miss: The firm lowers guidance for FQ4 to EPS of $0.44-$0.45 (vs. $0.48) and revenue growth of 10-12% to "reflect the difficult economic environment all global retailers are confronting today," but affirms earnings growth of 15-20% in fiscal 2013. U.S. same-store sales up 7%; global up 6%. SBUX now -8% AH.
    | 14 Comments
  • Jul. 26, 2012, 4:07 PM
    Starbucks (SBUX): FQ3 EPS of $0.43 misses by $0.02. Revenue of $3.3B (+13% Y/Y) misses by $30M. Shares -8.4% AH. (PR)
    | Comment!
  • Jul. 26, 2012, 12:51 PM
    Starbucks (SBUX +2.7%) outperforms ahead of today's FQ3 report. Whole Foods' results are fueling optimism that food and beverage spending among upscale U.S. consumers remains strong. The Street will be paying close attention to Starbucks' coffee costs (contracted at higher prices, but expected to decline going forward), and the performance of its EMEA ops, which saw a 1% sales decline last quarter.
    | Comment!
  • Jul. 26, 2012, 12:10 AM
    Notable earnings after Thursday's close: AMGN, AMZN, APKT, ARBA, CA, CB, CBL, CERN, CINF, CLWR, CSTR, DECK, EXPE, FB, FBHS, GILD, HGSI, IM, INFA, KEG, KLAC, LEG, MCK, MXIM, PFG, QLGC, QLIK, RGC, RSG, SBUX, SPF, TLAB, UHS, VRSN
    | Comment!
  • Jul. 25, 2012, 5:35 PM
    Notable earnings after Thursday's close: AMGN, AMZN, APKT, ARBA, CA, CB, CBL, CERN, CINF, CLWR, CSTR, DECK, EXPE, FB, FBHS, GILD, HGSI, IM, INFA, KEG, KLAC, LEG, MCK, MXIM, PFG, QLGC, QLIK, RGC, RSG, SBUX, SPF, TLAB, UHS, VRSN
    | Comment!
  • Jul. 23, 2012, 9:06 AM
    Peet's Coffee (PEET) is being acquired by German holding company Joh A. Benckiser for $73.50/share in cash, or $1B. The price represents a 28.6% premium to Peet's Friday close. Shares are halted. SBUX -3.1%, lower with the market. GMCR +5.4%. JVA +16.4%. DNKN could also be volatile.
    | 8 Comments
Visit Seeking Alpha's
SBUX vs. ETF Alternatives
Company Description
Starbucks Corp is the roaster, marketer & retailer of specialty coffee in the world, operating in 65 countries. It sells a variety of coffee & tea products. It sells goods and services under brands under Teavana, Tazo, Seattle's Best Coffee, etc.
Sector: Services
Country: United States