Starbucks Corporation
(SBUX)
77.85 USD -0.01
Closed: 17 May, 3:55 pm
Symbol SBUX
Market Cap 88.1B
Price 77.85
Open 75.27
52-wk High 107.66
50 Day Avg 85.63
Earnings Announcement 2024-07-30
Website https://www.starbucks.com
Name Starbucks Corporation
Shares Outstanding 1,132,700,000
Change % 3.4139%
Low 74.92
52-wk Low 71.80
200 Day Avg 93.48
Last Dividend 2.28
Exchange NASDAQ
Volume 14,361,184
Previous Close 75.28
High 78.00
EPS 3.63
PE 21.45
Avg Volume 10,404,741
CUSIP 855244109
Starbucks Corporation Outlook
Description Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.
Currency USD
ISIN US8552441094
Industry Restaurants
Changes 2.57
CUSIP 855244109
Range 71.80 - 107.66
Beta 0.97
CIK 0000829224

Starbucks Corporation News

18-May-2024 7:00 AM

Bankruptcy Blunders: 3 Stocks to Dump Before They Go Bust

Investors would be best served by reducing or eliminating their positions in the battered stocks discussed here. The markets have faltered somewhat over the past month, essentially trading sideways.

18-May-2024 5:02 AM

Why It's Time to Sell Starbucks and Buy Dutch Bros Instead

The giant is stumbling while the upstart is surging.

16-May-2024 8:05 PM

Missed the 2,400% Run-Up in Carvana? 3 More Beaten-Down Stocks Ready to Zoom Higher

Over the past 18 months, shares of online used car dealer Carvana (NASDAQ: CVNA ) staged a miraculous turnaround. Many expected to hear about a bankruptcy filing, not a rally.

16-May-2024 4:30 PM

Buy the Dip: 3 Growth Stocks Poised for a Rapid Rebound

Finding stable investment options is essential for investors looking to grow despite market volatility in today's unpredictable environment. Three companies emerge as strong contenders for a swift recovery.

16-May-2024 9:00 AM

Dividend Harvesting Portfolio Week 167: $16,700 Allocated, $1,495.50 In Projected Dividends

The combination of earnings season and a dovish Fed are pushing the markets closer to all-time highs. The Dividend Harvesting Portfolio has reached an all-time high in profitability and account value, with a 13.14% return on invested capital. The portfolio is generating $1,495.50 in forward dividend income, with equities, ETFs, REITs, CEFs, and BDCs contributing to the dividend income.

16-May-2024 7:00 AM

2 Legendary Dividend Blue Chips Down 40% Worth Buying Now

The US stock market is on the verge of a new record high, ending the pullback of 2023. Earnings of S&P 500 companies have been solid, beating profit expectations and contributing to potential double-digit returns. But even with stocks near record highs, legendary blue chips are down as much as 40%, including those of Starbucks and Jack Daniel's maker Brown-Forman.

16-May-2024 6:30 AM

Starbucks: Don't Let Short-Term Headwinds Overcomplicate This Opportunity

Starbucks stock has plummeted due to slashed guidance, but this presents a buying opportunity as coffee demand remains strong. The lowered guidance is not unique to Starbucks and is influenced by external factors such as inflation, higher interest rates, and reactive consumer spending cuts. Starbucks is a solid dividend growth stock with a current yield of 3% and a history of increasing dividends for 13 consecutive years. This presents an opportunity to accumulate.

16-May-2024 6:10 AM

7 Blue-Chip Stocks to Protect Your Wealth as the Economy Slows

For Q1 2024, GDP growth in the United States decelerated to 1.6% from 3.4% in the last quarter. There is no doubt that factors like high interest rates and geopolitical tensions have impacted growth.

15-May-2024 9:45 AM

Best Stock to Buy Right Now: Starbucks vs. Dutch Bros

Starbucks reported lower sales and profits in the latest quarter. Dutch Bros produced outstanding results for the 2024 first quarter.

15-May-2024 6:40 AM

Starbucks Stock Warning: Is It Time to Dump SBUX Out of Your Cup?

During these challenging times of persistent inflation and high food prices, executives need to be responsive to consumers' needs. Unfortunately, Starbucks's (NASADQ: SBUX ) management seems to be missing the mark in 2024.

14-May-2024 2:20 PM

Four stocks to watch for macro signals

Jake Schurmeier, Harbor Capital Advisors portfolio manager, joins CNBC's 'The Exchange' to discuss what stocks he's watching, the path to a Fed rate cut, and more.