Starbucks stock (SBUX) has fallen out of favor with investors. Shares of the coffee-selling powerhouse are down 20% in the past year, according to Yahoo Finance Plus data, badly lagging the S&P 50...
Tag: Starbucks
Seattle Starbucks union vote passes unanimously in the company’s hometown
Starbucks Barista Gianna Reeve, part of the organizing committee in Buffalo, New York, speaks in support of workers at Seattle Starbucks locations that announced plans to unionize, during a rally at C...
McDonald’s, Starbucks, and others have no recourse for stolen trademarks in Russia
Russia’s recent decree essentially legalizing intellectual property theft leaves brands like McDonald’s (MCD) and Starbucks (SBUX) with no legal recourse if copycat businesses use the bran...
An Upscale Coffee Lounge El Condor Opens In Manhattan’s West Village With More To Come
The upscale El Condor coffee shop, located in Manhattan’s West Village, looks like a hotel lounge, … [+] and there are more on the way. Courtesy of El Condor When a patron enters El Condor on Gr...
Starbucks CEO announces retirement: ‘I find it quizzical’
Shares of Starbucks Corporation (NASDAQ: SBUX) are up 8.0% on Wednesday after CEO Kevin Johnson announced retirement; to start on April 4th. Howard Schultz to serve as the interim CEO Starbucks expect...
Starbucks getting rid of disposable cups is not why this analyst upgraded the stock
Starbucks (SBUX) may save a few bucks over time amid its decision to phase out the majority of its disposable cups by 2025, but that’s not why one top Wall Street analyst thinks the stock is now...
Starbucks CEO Kevin Johnson is retiring, Howard Schultz returns as interim chief
Starbucks CEO Kevin Johnson is retiring after five years on the job. Howard Schultz will return as interim CEO, once again taking the helm of the company he elevated into a global brand while the comp...
Starbucks unveils new plans to eliminate single-use cups, encourage reusable mugs
A protestor walks past a caricature made of coffee cups outside of the Starbucks Annual Shareholders Meeting at McCaw Hall, on March 21, 2018 in Seattle, Washington. Stephen Brashear | Getty Images Wh...
Starbucks, Volvo test EV charging network at coffee giant’s stores
Volvo will install as many as 60 Volvo-branded, ChargePoint DC fast chargers at up to 15 Starbucks locations along a 1,350-mile route from the Denver area to the coffee company’s Seattle headqua...
American Airlines, Starbucks, Peloton and more
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies makin...
Starbucks urged by investors to adopt neutral policy toward union efforts
Several investors, led by Trillium Asset Management, are urging Starbucks to adopt a global policy of neutrality for all current and future attempts of its workers to organize. They also want Starbuck...
Three Starbucks Stores Unionize In A Single Afternoon
Topline Three Buffalo-area Starbucks stores Wednesday voted to organize with Starbucks Workers United following a months-long campaign marked by legal wrangling and accusations of union-busting. Starb...
Three more Starbucks locations in Buffalo vote in favor of union
The Starbucks Workers United hub in Buffalo on November 16, 2021. Libby March | The Washington Post | Getty Images Three more Starbucks locations in the Buffalo, New York, area have voted in support o...
Coca-Cola follows McDonald’s, Starbucks in suspending business in Russia
Bottles of Coca Cola products are displayed in a cooler at Colonial Liquors on February 10, 2022 in Corte Madera, California. Justin Sullivan | Getty Images Coca-Cola on Tuesday said it was suspending...
Starbucks suspends all business in Russia as Putin’s forces attack Ukraine
A person wearing a protective mask enters a Starbucks coffee shop in San Francisco, California, U.S., on Thursday, Jan. 21, 2021. David Paul Morris | Bloomberg | Getty Images Starbucks is suspending a...
Dutch Bros. Coffee Shows It Can Take on Starbucks, Dunkin’
Just when many thought Americans’ appetite for coffee could not sustain any more competition, a new front-runner comes along and takes the market by storm. In its first year after going public,...
Arizona Starbucks Votes To Unionize In First Such Victory Outside New York
Topline Employees at a Starbucks store in Mesa, Arizona. voted 25-3 to unionize Friday following 12 days’ delay due to last-minute procedural wrangling, making it the first Starbucks outside the Buffa...
Starbucks restaurant in Mesa, Arizona votes to unionize
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they...
Target to test Starbucks order pickup, returns from the parking lot
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Shoppers at some Target stores will be able to pick up a Starbucks c...
Haidilao Sees Up To $710 Mln Loss
The logo for the Haidilao hotpot restaurant, China’s biggest hotpot restaurant chain. Photographer: … [+] Anthony Kwan/Bloomberg © 2018 Bloomberg Finance LP Following Yum China and Starbuc...
Starbucks hikes prices with more on the way, but insists demand is ‘very strong’
Starbucks (SBUX) customers are staying loyal to the Seattle-based coffee giant despite a higher cost for their cup of coffee, even as political pressure mounts in response to rising prices. In a phone...
Should I invest in Starbucks after Q1 results?
Starbucks Corporation (NASDAQ: SBUX) shares remain under pressure even though the company reported solid first-quarter results this Tuesday. Goldman Sachs lowered its rating on Starbucks This week, St...
Starbucks CEO Kevin Johnson on why Chinese sales were weak
Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the ...
Starbucks earnings hit by inflation, rising worker costs and damp China sales
Starbucks (SBUX) posted mixed first-fiscal quarter earnings results compared to Wall Street estimates, as soaring inflation, higher worker costs and the impact of the Omicron variant took a toll on th...
What made Starbucks shares slip 5.0% in extended trading?
Starbucks Corp (NASDAQ: SBUX) on Tuesday said its revenue topped Street expectations in the fiscal first quarter. Shares still slid nearly 5.0% on lower-than-expected earnings. Important points in Sta...
Starbucks Stock Has Gotten Crushed. This Analyst Says It’s Time to Buy.
Text size Starbucks stock still looks good for the long haul, Jefferies says. Scott Olson/Getty Images Starbucks stock is off roughly 25% year to date, but Jefferies argues that the market has it wron...