Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Starbucks Corporation    SBUX

STARBUCKS CORPORATION

(SBUX)
  Report
Delayed Quote. Delayed Nasdaq - 01/27 04:00:00 pm
97.87 USD   -6.51%
05:35pGRAIN HIGHLIGHTS : Top Stories of the Day
DJ
04:14pStarbucks, Boeing fall; Microsoft, Walgreens rise
AQ
03:37pSTARBUCKS : Shares Down Nearly 7% Following 1Q Results
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Starbucks : to hike U.S. employee pay at least 10% - memo

11/18/2020 | 05:46pm EST

NEW YORK, Nov 18 (Reuters) - Starbucks Corp will hike pay for baristas, shift supervisors and cafe attendants at its U.S. outlets by at least 10% effective Dec. 14, according to an internal memo seen by Reuters.

The world's largest coffee chain will also boost starting pay by 5% in order to help attract and retain employees.

The memo, dated Nov. 2, was first reported by Business Insider on Wednesday.

The increase is "one of the most substantial investments in pay in our company’s history," Rossann Williams, Starbucks' president of U.S. retail, wrote in the memo.

Employees with the company for three years or more will get at least an 11% pay hike, and the company will increase the premium it already pays above minimum wage in every market, it said. (Reporting by Hilary Russ; editing by Diane Craft and Sam Holmes)


© Reuters 2020
All news about STARBUCKS CORPORATION
05:35pGRAIN HIGHLIGHTS : Top Stories of the Day
DJ
04:14pStarbucks, Boeing fall; Microsoft, Walgreens rise
AQ
03:37pSTARBUCKS : Shares Down Nearly 7% Following 1Q Results
DJ
01:47pWho Is Roz Brewer? Starbucks Executive to Take Over as Walgreens CEO.
DJ
11:12aSTARBUCKS : Valuation 'Appropriately Reflects' Updated Post-Pandemic Long-Term T..
MT
10:37aWALL STREET STOCK EXCHANGE : S&P, Dow slide after Boeing results; Nasdaq fall cu..
RE
10:16aWALGREENS BOOTS ALLIANCE : Shares Rise Following CEO Hire
DJ
10:05aSTARBUCKS : UBS Adjusts Starbucks' Price Target to $109 From $105, Maintains Neu..
MT
09:42aGLOBAL MARKETS LIVE: Boeing, Microsoft, AMD…
09:38aSTARBUCKS : Telsey Advisory Adjusts Price Target for Starbucks to $108 From $102..
MT
More news
Financials (USD)
Sales 2021 28 555 M - -
Net income 2021 3 197 M - -
Net Debt 2021 11 753 M - -
P/E ratio 2021 36,1x
Yield 2021 1,89%
Capitalization 115 B 115 B -
EV / Sales 2021 4,45x
EV / Sales 2022 4,14x
Nbr of Employees 349 000
Free-Float 99,8%
Chart STARBUCKS CORPORATION
Duration : Period :
Starbucks Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends STARBUCKS CORPORATION
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 109,15 $
Last Close Price 97,87 $
Spread / Highest target 27,7%
Spread / Average Target 11,5%
Spread / Lowest Target -4,98%
EPS Revisions
Managers and Directors
NameTitle
Kevin R. Johnson President, Chief Executive Officer & Director
Myron E. Ullman Chairman
Rosalind Gates Brewer COO, Director & Group President-Americas
Patrick J. Grismer Chief Financial Officer
Gerri Martin-Flickinger Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
STARBUCKS CORPORATION-2.14%123 250
COMPASS GROUP PLC0.55%33 819
DARDEN RESTAURANTS, INC.-0.45%15 454
SODEXO8.35%13 319
JUBILANT FOODWORKS LIMITED-2.56%4 913
MINOR INTERNATIONAL0.00%4 540