Seeking Alpha

Starbucks Corporation (SBUX)

  • Jul. 24, 2014, 10:27 AM
    • Starbucks (SBUX +0.4%) has three stores in Vietnam's capital at the moment, with one opening yesterday, the other today, and the third set for one week from now. The company entered Vietnam in February of 2013 with a store in Ho Chi Minh City, and since then has opened eight stores in that city.
    • Press release
    | Comment!
  • Jul. 22, 2014, 7:49 AM
    • The latest food scandal in China is spreading fast, dragging in Starbucks (NASDAQ:SBUX), Burger King (NYSE:BKW) and others, as well as McDonald’s (NYSE:MCD) products as far away as Japan.
    • SBUX says some of its cafes previously sold products containing chicken originally sourced from a firm that was shut down Sunday by local regulators for using expired meat and picking up meat from the floor to add to the mix.
    • BKW and Papa John's (NASDAQ:PZZA) say they have stopped using food products supplied by the closed firm.
    • McDonald’s and KFC parent Yum Brands (NYSE:YUM) apologized yesterday to Chinese customers after discovering the firm supplied expired meat to the two chains.
  • Jul. 18, 2014, 11:56 AM
    • Starbucks (SBUX +0.7%) will allow customers to pick up orders set up through its mobile app sometime this year.
    • The company has been testing the concept at a store in Seattle to work out the obvious issues associated with hot drink orders.
    • The Starbucks mobile app has one of the highest engagement rates in the retail sector.
  • Jul. 17, 2014, 9:57 AM
    • Data from Wells Fargo indicates Starbucks (SBUX -0.6%) has picked up significant market share in both the bagged coffee and single-serve pod categories.
    • In a surprise to some, Starbucks K-Cups has quickly moved into the second-leading K-Cup brand by sales with a sizzling growth rate.
  • Jul. 16, 2014, 11:43 AM
    • Starbucks (SBUX -0.5%) opened its first store on Colombia this week.
    • The company plans to open a total of 50 stores in the next five years in the coffee-rich region.
    • Starbucks will operate in Colombia through a JV with Alsea SAB and Grupo Nutresa.
    | Comment!
  • Jul. 8, 2014, 9:12 AM
    • Coffee prices continue to retreat from their highs as improved weather in Brazil and strong output in India pushes up estimates on global output for the robusta and arabica varieties.
    • Many coffee sellers have already lifted retail prices (KRFT, SBUX, SJM, DNKN) and could see a benefit if their purchasing contracts get locked-in at lower levels.
    • Related ETFs: JO
  • Jul. 7, 2014, 8:03 AM
    • Starbucks (SBUX) is positioning itself to boost its dividend significantly within the next six months, according to Belus Capital's Brian Sozzi.
    • The company also landed on a short list from Markit Dividend Research of the S&P 500 companies most likely to raise their dividend payout rate in the second half of the year.
  • Jun. 30, 2014, 7:07 AM
  • Jun. 20, 2014, 12:30 PM
  • Jun. 19, 2014, 2:26 PM
    • UBS raises profit estimates on Starbucks (SBUX +2%) for FY14 ($2.67 from $2.65) and FY15 ($3.16 from $3.11).
    • New initiatives, product roll-outs, and global growth channels all look set to deliver as promised, reasons the investment firm.
    • UBS on SBUX: "Starbucks remains among the best positioned restaurant names over the medium to long-term, with several enablers supporting a +10% top line, +15- 20% EPS growth."
    | 1 Comment
  • Jun. 17, 2014, 6:57 AM
    • Coffee output in India is forecast to rise after suffering a setback last year.
    • Higher production from the region could increase global supply to pressure prices after a drought in Brazil has had major impact on the coffee market.
    • Prices on bagged coffee has been increased by a wave of companies including J.M. Smucker and Kraft Foods.
    • Wholesale coffee prices still have a big wildcard in the mix with the emergence of El Nino.
    • Related stocks: SJM, KRFT, THI, SBUX, GMCR, MCD, JVA, KRFT, DNKN.
    • Related ETF: JO
  • Jun. 12, 2014, 8:24 AM
    • Starbucks (SBUX) is expected to announce today a national roll-out of wireless charging stations at its stores and Teavana outlets.
    • The company is partnering with Duracell Powermat (PG) on the initiative.
    • The marketing mavens working for Starbucks say the strategic move to eliminate the power cord in the charging process will strengthen the reputation of its brand as tech-friendly.
  • Jun. 11, 2014, 3:23 PM
    • Execs with Starbucks (SBUX +0.3%) presented today at the William Blair & Company Growth Stock Conference
    • EPS growth of 20% to 22% is forecast.
    • The company expects to have 1.5K stores in China by the end of the year.
    • Sales have improved at every 2-hour interval of the day with the 11:00 a.m.-1:00 p.m and 1:00 p.m.-3:00 p.m. windows showing the strongest pace of comp sales gains.
    • Offering beer and wine at stores has lifted the average ticket level at participating stores.
    • CFO Scott Maw notes tea is a bigger market than coffee and is growing at a faster pace. Tea opportunities could broaden as tea concept stores in the U.S. draw notice.
    • "Significant innovation is on the docket," says management. Look for the trend of 1% to 2% of comp growth from innovation to continue at Starbucks.
    • Express ordering via mobile app is on the agenda. Testing is ongoing.
    • Webcast
  • Jun. 11, 2014, 2:11 PM
    • A new coffee service app from an Israeli start-up did a soft launch in New York City with positive early results.
    • The $45-per-month Cup service gives subscribers unlimited purchases of basic coffee and tea drinks at the 40 participating independent shops. A premium service at $85 per month opens the door for premium espresso and latte drinks.
    • Both Starbucks (SBUX -0.4%) and Dunkin' Brands (DNKN -0.6%) have 10X the number of locations that Cup has under its fold so far.
    • The firm's goal is to expand out of NYC in the future.
  • Jun. 11, 2014, 1:57 AM
    • The European Commission is preparing an investigation into the corporate tax codes in Ireland, Luxembourg and the Netherlands. The probe is examining the low tax rates global companies pay in the three countries, and will make known if their tax deals are allowed under EU law, or amount to illegal state aid.
    • If the investigation reveals that multinational corporations received the state aid, the commission could obligate them to pay it back, even though such requirements are uncommon.
    • The probe comes after yesterdays news that Apple used Irish tax laws to allow it to pay just a 3.7% tax rate on non-U.S. income during its last fiscal year. Other companies that will be investigated include Amazon (AMZN), Google (GOOG, GOOGL) and Starbucks (SBUX).
  • Jun. 9, 2014, 1:46 PM
    • Data from NPD Group indicates the average American spends 12 minutes a day on breakfast.
    • The highly-contested daypart pits major cereal sellers such as Kellogg (K), Post Holding (POST), and General Mills (GIS) against fast-food chains like McDonald's (MCD), Starbucks (SBUX), Taco Bell (YUM), and Dunkin' Brands (DNKN).
    • Convenience-store chains are also a major factor as C-stores such as Circle K (ANCUF), 7-11, Pantry (PTRY), BP Connect (BP), On the Run (XOM), Speedway America (MPC), Kwik Shop (KR), and Qwiktrip continue to innovate and show some positive growth trends.
    • What to watch: Analysis from Edward D. Jones suggests consumers tend to stay with their routines. The read is that companies in the breakfast business need to compete for market share within their segment - instead of trying to change consumer behavior. Taco Bell is utilizing that strategy with its marketing message which paints McDonald's as old-fashioned.
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