Starbucks trims its U.S. store base as it renews its focus on profitability and customer experience
Starbucks Corporation (SBUX) plans to permanently close about 400 U.S. stores. The company noted that the locations are...
Tag: SBUX
Starbucks rallies as investors see signs a turnaround is taking hold
Starbucks Corporation (SBUX) rose 5.1% in Thursday morning trading to $89.56 in a move that outpaced broad retail averages...
Luckin Coffee interested in Nestlé’s Blue Bottle stake — Bloomberg
China’s Luckin Coffee (LKNCY) is reportedly interested in buying Nestlé’s (NSRGY) (NSRGF) stake in Blue Bottle Coffee,...
Starbucks added as a new long idea at Hedgeye
Starbucks was added as a new long at Hedgeye as the company is being transformed under the leadership of CEO Brian Niccol....
Starbucks worker’s union stages ‘Downtown Throwdown’ in Chicago
The Starbucks Workers United (SWU) strike continues to grind on with the action escalating to a 48-hour demonstration at the...
Coffee buzz: The explosive growth continues in the China coffee shop market
China set a record this year with coffee shop unit growth that exceeded 20K new outlets. The total Chinese branded coffee...
Starbucks declares $0.62 dividend
Starbucks (SBUX) declares $0.62/share quarterly dividend, in line with previous. Forward yield 2.91% Payable Feb. 27; for...
Starbucks agrees to $38.9M settlement with NYC commission over labor violations
Starbucks (SBUX) has reached an agreement with New York City’s Department of Consumer and Worker Protection (DCWP)...
Left off the menu: Restaurant stocks have missed out on the AI-fueled rally
Restaurant stocks have lagged broader retail this year by a significant margin, primarily because traffic and same-store...
Starbucks sees little store disruption even as barista strike broadens
Starbucks (SBUX) faces an escalating strike of baristas in the U.S. in what has become the largest union pushback against...