Starbucks Corporation

SBUX

US8552441094

Restaurants & Bars

Real-time Estimate Cboe BZX Other stock markets 01:53:09 2024-09-13 pm EDT			5-day change	1st Jan Change
98.70 ^USD	-0.59%		+8.34%	+2.86%

01:15pm	President Capital Adjusts Price Target on Starbucks to $97 From $70	MT
Sep. 11	The mood is getting heavier, but Taylor Swift is keeping watch

Activist Starboard Value takes stake in Starbucks, WSJ reports

August 09, 2024 at 04:47 pm EDT

Aug 9 (Reuters) - Activist investor Starboard Value has a stake in Starbucks and wants the coffee giant to take steps to improve its stock price, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Starbucks and Starboard Value did not immediately respond to Reuters requests for comment. (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Pooja Desai)

Latest news about Starbucks Corporation

President Capital Adjusts Price Target on Starbucks to $97 From $70	07:15am	MT
The mood is getting heavier, but Taylor Swift is keeping watch	Sep. 11
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Sep. 10	MT
New Starbucks CEO Lays Out Plan for Company in Open Letter	Sep. 10	MT
New Starbucks CEO Lays Out Plan for Company in Open Letter	Sep. 10	MT
Starbucks new CEO Niccol to focus on US in first 100 days	Sep. 10	RE
Retail, consumer CEOs see shorter tenures as boards act more quickly	Sep. 10	RE
BMO Capital Adjusts Price Target on Starbucks to $110 From $100	Sep. 09	MT
From apartheid to Gaza, consumer boycotts have hit major companies over the years	Sep. 04	RE
TD Cowen Adjusts Price Target on Starbucks to $110 From $105, Maintains Buy Rating	Sep. 04	MT
Factbox-US companies tweak diversity policies as challenges mount	Aug. 27	RE
Chinese embrace icy DIY drinks as competition with cafes heats up	Aug. 26	RE
Dow Closes at Record High; S&P 500, Nasdaq Fall	Aug. 26	MT
Dow Closes at Record High; S&P 500, Nasdaq Fall	Aug. 26	MT
Starbucks New CEO Could Identify Same-Store Sales Drivers via Throughput Improvement, Other Means, Oppenheimer Says	Aug. 26	MT
Sweetgreen Appoints Christopher Tarrant as SVP and Chief Development Officer	Aug. 26	CI
New Mexico Starbucks nicknamed 'Charbucks' after arson attacks	Aug. 24	RE
All eyes on the Fed's minutes	Aug. 21
Social Buzz: Wallstreetbets Stocks Mostly Lower Pre-Bell Wednesday; Intuitive Machines, AST SpaceMobile to Decline	Aug. 21	MT
Analyst recommendations: Cheniere, Gilead, Lowe's, Palo Alto, Starbucks...	Aug. 21
HSBC Adjusts Price Target on Starbucks to $100 From $84, Maintains Hold Rating	Aug. 21	MT
Starbucks Insider Sold Shares Worth $305,598, According to a Recent SEC Filing	Aug. 19	MT
Southwest digs in for boardroom battle with Elliott	Aug. 19	RE
Starbucks Sued for Third Time Over Coffee-Flavored Lipstick Concept	Aug. 19	MT
Starbucks is sued again for alleged stealing concept for coffee-flavored lipstick	Aug. 16	RE

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Company Profile

Starbucks Corporation specializes in owning and operating coffee shops. The group also develops a coffee roasting activity. Net sales break down by source of revenue as follows: - sales within company-operated coffee shops (81.9%): as of October 1st, 2023, owned a network of 19,592 coffee shops under the Starbucks Coffee®, Teavana®, Ethos®, Starbucks Reserve® and Princi® brands; - sales within licensed stores (12.5%): 18,446 licensed stores located primarily in the United States (6,701), Korea (1,870), Latin America (1,649) and the United Kingdom (911); - other (5.6%): sales of coffee, beverages and food products for companies, hotels, hospitals, airlines, etc. Net sales break down by family of products between beverages (60.3%), food (18.3%) and other (21.4%). Net sales are distributed geographically as follows: the United States (73.4%), China (8.6%) and other (18%).

Employees

381,000

Sector

Restaurants & Bars

Calendar

2024-10-30 - Q4 2024 Earnings Release (Projected)

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