Starbucks Corporation (SBUX)

US — Consumer Cyclical Sector
Peers: NKE  SE  ABNB  ORLY  RCL  RACE  MAR  MELI  CMG  CVNA 

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News

Starbucks to Cut 1,100 Corporate Employees in Move Toward 'Smaller, More Nimble' Teams
SBUX
Published: February 24, 2025 by: Investopedia
Sentiment: Negative

Starbucks (SBUX) plans to lay off 1,100 corporate employees, CEO Brian Niccol said Monday, while also leaving several hundred open positions unfilled.

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image for news Starbucks to Cut 1,100 Corporate Employees in Move Toward 'Smaller, More Nimble' Teams
Starbucks to cut 1,100 corporate jobs — or 7% of non-store workers in latest layoffs
SBUX
Published: February 24, 2025 by: New York Post
Sentiment: Neutral

Layoffs are part of a broader effort by new CEO Brian Niccol to streamline operations and enhance efficiency.

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image for news Starbucks to cut 1,100 corporate jobs — or 7% of non-store workers in latest layoffs
Starbucks announces significant layoffs under CEO's turnaround plan
SBUX
Published: February 24, 2025 by: Proactive Investors
Sentiment: Negative

Starbucks Corp (NASDAQ:SBUX, ETR:SRB) is laying off approximately 1,000 corporate employees as part of its new CEO Brian Niccol's turnaround plan. “Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration,” Niccol wrote in a letter to staff.

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image for news Starbucks announces significant layoffs under CEO's turnaround plan
Starbucks to eliminate 1,100 corporate roles
SBUX
Published: February 24, 2025 by: Reuters
Sentiment: Negative

Starbucks CEO Brian Niccol said on Monday the coffee chain has decided to eliminate 1,100 corporate roles.

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image for news Starbucks to eliminate 1,100 corporate roles
Retail Coffee Chains Market Projected to Reach USD 176.65 Billion by 2032 | Starbucks, Costa Coffee, Second Cup
SBUX
Published: February 21, 2025 by: GlobeNewsWire
Sentiment: Neutral

“Starbucks aims to open 1,000 stores in India by 2028, tapping into the booming coffee market in tier-2 and tier-3 cities” “Starbucks aims to open 1,000 stores in India by 2028, tapping into the booming coffee market in tier-2 and tier-3 cities”

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image for news Retail Coffee Chains Market Projected to Reach USD 176.65 Billion by 2032 | Starbucks, Costa Coffee, Second Cup
These Were the 5 Top-Performing Stocks in the Nasdaq-100 in January 2025
ARM, CEG, META, SBUX, TEAM
Published: February 20, 2025 by: The Motley Fool
Sentiment: Positive

The first full month of 2025 is in the books, and the stock market is off to a decent start. The major indexes -- the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average -- were up 2.7%, 1.6%, and 4.7%, respectively.

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image for news These Were the 5 Top-Performing Stocks in the Nasdaq-100 in January 2025
Why this analyst says buy Chevron stock and skip Starbucks
CVX, SBUX
Published: February 19, 2025 by: Yahoo Finance
Sentiment: Positive

In today's Good Buy or Goodbye segment, Genter Capital Management CEO and president Dan Genter joins host Julie Hyman to share his investment recommendations. Genter identifies Chevron (CVX) as a compelling buy opportunity, highlighting several catalysts.

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image for news Why this analyst says buy Chevron stock and skip Starbucks
Digesting Super Bowl Ads, Dunkin' & Starbucks Plans, and Some Weight Loss Drug News
SBUX
Published: February 19, 2025 by: The Motley Fool
Sentiment: Neutral

In this podcast, Motley Fool analyst David Meier and host Dylan Lewis discuss:

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image for news Digesting Super Bowl Ads, Dunkin' & Starbucks Plans, and Some Weight Loss Drug News
Starbucks Makes Big Bet On Day After Super Bowl: Data Shows The Move May Have Won
SBUX
Published: February 18, 2025 by: Benzinga
Sentiment: Positive

Starbucks Corporation SBUX is one of many companies that benefitted from Super Bowl LIX's record viewership on Sunday Feb. 9.

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image for news Starbucks Makes Big Bet On Day After Super Bowl: Data Shows The Move May Have Won
Up 22% This Year, Is Starbucks a Buy?
SBUX
Published: February 17, 2025 by: The Motley Fool
Sentiment: Positive

Starbucks (SBUX 0.14%) is a double-edged sword for investors right now. Shares have been on a run thus far in 2025, and the company managed to beat on earnings in its most recent quarter, but there's still a lot of work to be done.

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image for news Up 22% This Year, Is Starbucks a Buy?
Missouri sues Starbucks over its diversity programs
SBUX
Published: February 17, 2025 by: Fast Company
Sentiment: Negative

The fight over businesses' diversity, equity, and inclusion (DEI) programs is heading to the courtroom. This week, a lawsuit was filed against coffee giant Starbucks over DEI practices which the suit claims break the law.That lawsuit, filed by Missouri Attorney General Andrew Bailey, a republican, says the chain is allowing race discrimination.

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image for news Missouri sues Starbucks over its diversity programs
Starbucks' CEO is planning a huge expansion in the Middle East and China
SBUX
Published: February 14, 2025 by: Business Insider
Sentiment: Positive

Brian Niccol, Starbucks' CEO, said the company is considering a large expansion in the Middle East and China. The brand will open 500 new outlets in the Middle East in the next five years, he said.

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image for news Starbucks' CEO is planning a huge expansion in the Middle East and China
Final Trades: Agnico Eagle Mines, Freeport-McMoran, Starbucks and the KWEB
AEM, FCX, KWEB, SBUX
Published: February 13, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half.

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image for news Final Trades: Agnico Eagle Mines, Freeport-McMoran, Starbucks and the KWEB
Wall Street sets Starbucks stock price for the next 12 months
SBUX
Published: February 13, 2025 by: Finbold
Sentiment: Positive

Thanks to recent strong Q1 earnings and major expansion plans in China, Starbucks (NASDAQ: SBUX) stock is flying high right now.

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image for news Wall Street sets Starbucks stock price for the next 12 months
Dunkin's Super Bowl ad hits Starbucks where it's already hurting
SBUX
Published: February 10, 2025 by: Business Insider
Sentiment: Positive

Dunkin' roasted Starbucks in its Super Bowl advertisement. The ad, starring Ben and Casey Affleck, took shots at Starbucks' long wait times and over-customization.

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image for news Dunkin's Super Bowl ad hits Starbucks where it's already hurting

About Starbucks Corporation (SBUX)

  • IPO Date 1992-06-26
  • Website https://www.starbucks.com
  • Industry Restaurants
  • CEO Brian R. Niccol
  • Employees 361000

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.