K dosažení ročního dividendového příjmu 10 000 USD by bylo potřeba investovat 395 000 USD do 3 968 akcií společnosti Starbucks s dividendovým výnosem 2,6 %.
Based on nothing more than the most basic of numbers, Starbucks (SBUX -0.74%) is a decent dividend stock. Shares of the chain of coffee shops boast a forward-looking dividend yield of 2.6%, and better still, its quarterly dividend's not only been reliably paid for years, but been raised every year for the past 16 years. And by more than a little. You could certainly do worse.
But could you do better? The $395,000 stake (3,968 shares) you'd need to own in Starbucks just to generate $10,000 in annual dividend income is a lot of money to tie up that could be put to work in ways that make more sense for you, perhaps like the purchase of super-safe 10-year Treasuries, which are currently yielding around 5.1%.
Here's some food for thought.
It's still a stake in a for-profit company Most blue chip dividend stocks are safe enough in the sense that there's no real risk of a complete wipeout of your money. Starbucks in no exception. Every dividend-paying stock is still also an equity stake in a particular company, however, and participation in that organization's fiscal performance.
That's where Starbucks and its stock have let investors down for the better part of the past five years. While it's technically continued growing its top line, the rate of this growth is markedly slower than its pre-pandemic pace. Profits have also stagnated, not to mention been erratic.
SBUX data by YCharts
Blame a combination of leadership turnover, labor woes, and market saturation, much of which is due to Starbucks' own overwhelming presence. As of the latest count, the company was operating 41,304 stores worldwide, with 16,933 of those units found in the United States alone. That doesn't leave a great deal of room for healthy continued expansion.
This doesn't necessarily make Starbucks a horrible income investment. As was noted, it's not only still paying a respectable dividend, but reliably growing it. We're also seeing glimmers of hope that its profit-crimping struggle since 2024 may finally be coming to a close. Last quarter's overall same-store sales were up 7.9%, capping off four consecutive quarters of such growth.
Image source: Getty Images.
There are still lingering concerns, though, like last quarter's slight 1% decline in revenue. It's going to take several quarters of total top-line progress to confirm that Starbucks is capable of making sustained net growth again. Until then, most interested investors are content to remain on the sidelines.
Better options are out there In answer to the titular question, then, no, buying nearly $400,000 worth of Starbucks stock (that's far from guaranteed to perform) just to plug into its dividend isn't worth it.
That's even more so the case given all the other, safer options, like Coca-Cola (KO -2.04%). Despite this stock's 36% rally to record highs over the past 12 months, it's currently yielding a comparable 2.3% and has increased its dividend for 64 consecutive years.
Or there's the aforementioned option of longer-term Treasuries, which -- thanks to recent rate hikes -- now sport yields in excess of 5%. Although these instruments don't offer any capital growth potential, with yields twice those of Coca-Cola shares or an uncertain Starbucks, they might still make more near-term sense to income-minded investors.
Starbucks zvýšil čtvrtletní dividendu na 0,63 USD na akcii, a to již 16. rok v řadě; akcionářům evidovaným k 13. listopadu bude vyplacena 27. listopadu.
Earlier this month, Starbucks (SBUX -0.29%) raised its dividend for the 16th consecutive year, boosting the payout by a modest one cent per share per quarter. Investors who own the stock by Nov. 13 will receive the new $0.63 quarterly dividend on Nov. 27. Annualized, that's $2.52 per share -- good for a forward yield of 2.6%.
Investors would need to own 199 shares to receive at least $500 in yearly dividends. That's a whopping $19,406 investment, based on Starbucks's stock price of $97.52 per share at the time of this writing.
Here's why Starbucks' investment thesis has fundamentally changed in recent years, and why Starbucks has transformed from a high-octane growth stock into a rock-solid dividend stock to buy now.
Image source: Starbucks.
Globalizing the "third place" Howard Schultz was instrumental in elevating Starbucks from a regional coffee bean and equipment merchant into a global sensation featuring quick-service, customizable coffee and tea drinks. Schultz was inspired by a trip to Italy, where local coffeehouses served as a third place, alongside home and work/school.
Starbucks grew rapidly and expanded into new markets by pairing the third-place concept alongside a caffeine-rich, customizable menu. Schultz viewed China as Starbucks's biggest opportunity yet, even predicting in December 2017 that China could one day have twice as many stores as the U.S. However, as of June 28, 2026, Starbucks's total international store count is 22,933, including about 8,000 stores in China, compared to 18,371 in North America.
SBUX data by YCharts
It's been a choppy period for the coffee stock -- to say the least. Over the last seven years, the stock price and gross profit have been virtually flat while revenue is up just 42.1%.
SBUX Starbucks$99.08-$0.29 (-0.29%)
NASDAQ · As of 4:00 PM ET 10/21/26
Reclaiming the third place Starbucks reached saturation in the U.S., and international markets like China have proven more challenging to sustain growth in. Starbucks continues to have success leveraging its rewards program and cutting wait times with mobile order and pay. But those concepts also turned Starbucks into a kind of transaction-based coffee factory that churned out as many drinks as possible rather than one focused on an inviting customer experience. Mobile ordering was instrumental in limiting the pandemic-induced slowdown in order volumes. But even post-pandemic, Starbucks eventually realized that it had leaned too heavily into convenience and transactions rather than friendly service and the in-store coffeehouse experience, which had damaged its brand among partners and customers.
In Starbucks's Leadership Experience event in June 2025, Schulz and CEO Brian Niccol discussed the need to reclaim Starbucks's role as a third place for communities and become a coffee-first company. Since then, Starbucks has implemented a nationwide makeover by bringing back coffeehouse aesthetics with inviting furniture and layouts and restoring a focus on personalization and customer interaction. The strategy is working. On its third-quarter fiscal 2026 earnings call in August, Starbucks said that it had completed 1,000 North America store remodels and was showing a vast improvement in same-store sales in the U.S. and internationally. Starbucks also reduced its company-operated stores in the U.S. by 2.7% year-over-year. And its international company-owned stores dropped from 10,277 to just 2,464 because it converted 7,991 stores in China to licensed stores as part of its diversification of Starbucks retail operations in China. In April, Starbucks finalized a joint venture with Chinese private equity firm Boyu Capital that included selling a 60% stake in Starbucks China retail operations and converting company-operated stores in China to licensed stores. Starbucks hopes to grow its store count in China to 20,000 over time as part of this capital-light licensing model.
Starbucks is guiding for 6% U.S. same-store sales growth Starbucks' new strategy is centered on improving the quality of its stores for partners and customers, managing costs, and growing margins, rather than rapidly growing revenue through new store openings. Its deal with Boyu Capital provides upside potential from expansion in China without the capital intensity of managing company-owned rather than licensed stores.
Starbucks' new strategy is already paying off. Its updated fiscal 2026 guidance now calls for over 6% U.S. same-store sales growth and global comps nearing 6%. Full-year revenue is expected to be flat or slightly up, given a lower U.S. store count and its new operating structure in China. Margins are improving too, with the overall company forecast margin considerably higher at over 11%.
Buying quality companies with growing dividends is an excellent way to participate in the stock market while boosting your passive income stream. Starbucks has been a disappointing stock to own for years, but that could change under its more focused corporate strategy that is already demonstrating tangible results. With an emphasis on operating efficiency over pure-play growth, Starbucks is well-positioned to become a top-tier dividend stock.
Starbucks Corp (NASDAQ:SBUX, XETRA:SRB) is expected to deliver another quarter of strong US sales growth when it reports results on October 29, but investors will be looking for signs its turnaround can sustain momentum as recent tailwinds fade, according to UBS.
The bank forecasts fiscal fourth-quarter North American same-store sales growth of 7.5%, ahead of the consensus estimate of 6.7%, and earnings per share of $0.77 to $0.82, compared with the $0.72 consensus.
The expected performance reflects progress on Starbucks’ “Back to Starbucks” plan, supported by menu innovation, improved service, marketing and loyalty engagement.
UBS expects sales growth to comprise a 3% increase in average ticket and 4.5% growth in transactions. The fall menu, relaunch of the Unicorn Frappuccino, delivery and operational improvements under the Green Apron Service program are expected to support demand.
However, attention will turn to fiscal 2027 guidance and whether Starbucks can maintain growth as comparisons become more difficult.
Investors generally expect management to guide for US same-store sales growth of at least 3%, with estimates clustering around 3% to 4%. Fiscal 2027 earnings expectations broadly centre on the consensus forecast of $3.16 per share.
UBS models North American same-store sales growth of 4.6% for fiscal 2027, although it cautions that recent tailwinds may diminish.
In the third quarter of fiscal 2026, closures of underperforming stores contributed more than 2 percentage points to US same-store sales growth, while delivery added more than 1 point. UBS estimates that more than half of the quarter’s 8.1% growth could reflect benefits that will not recur at the same magnitude.
The recently announced closure of about 250 North American stores could provide further support as customers shift to nearby locations, while improving store productivity and returns.
UBS forecasts fourth-quarter operating margin of 13.4%, above the 12.6% consensus, supported by sales leverage, cost savings and lower incremental labor costs.
Starbucks is targeting $2 billion in gross cost savings through fiscal 2028. UBS considers its 13.5% to 15% fiscal 2028 operating margin target achievable, modelling 15%.
Despite the positive outlook, UBS sees a balanced risk-reward profile, arguing that shares already reflect a substantial multiyear recovery in sales and earnings.
Starbucks plánuje ve fiskálním roce 2027 modernizovat technologie pro řízení zásob, personálu a pokladních systémů. Provozní marže ve 3. čtvrtletí fiskálního roku 2026 meziročně vzrostla o 430 bazických bodů na 14,4 %.
Key Takeaways Starbucks plans FY27 tech upgrades to streamline inventory, staffing, scheduling and store operations.Green Apron Service and Smart Queue improvements are helping Starbucks boost service speed and order accuracy.Starbucks' Q3 operating margin rose 430 basis points YoY to 14.4%, supported by cost efficiencies. Starbucks Corporation (SBUX - Free Report) plans to modernize its technology infrastructure in fiscal 2027, focusing on inventory ordering, staffing, scheduling and point-of-sale systems. These upgrades, part of its Back to Starbucks strategy, aim to simplify coffeehouse operations, improve service efficiency and enhance labor productivity. As customer traffic strengthens, improved operational execution could help Starbucks sustain margin expansion.
The initiative builds on progress under the company's Green Apron Service model, which has improved staffing practices, service consistency and customer experience. Starbucks is also refining its Smart Queue system to enhance order accuracy and speed. In the third quarter of fiscal 2026, the company achieved targeted service times across all access points despite higher transaction volumes. The planned technology upgrades could further streamline store operations, improve labor productivity and support operating margins.
Beyond enhancing store-level productivity, the planned upgrades could complement Starbucks' broader cost-reduction strategy. The company remains on track to achieve $2 billion in gross cost savings through fiscal 2028, targeting product and distribution expenses, operating costs and general and administrative spending. In the fiscal third quarter, consolidated operating margin expanded approximately 430 basis points year over year to 14.4%, aided by stronger sales leverage, cost efficiencies, lower inflation and tariff refunds. Importantly, margins improved even excluding the refunds, highlighting underlying operational progress.
Starbucks' fiscal 2027 technology modernization could support sustained margin expansion by improving labor productivity, inventory management and store-level efficiency. Although implementation challenges and continued investments in staffing and customer experience could weigh on near-term profitability, successful integration of these upgrades could strengthen operating leverage and support long-term earnings growth.
How SBUX’s Peers Are Advancing TechnologyMcDonald’s Corporation (MCD - Free Report) is integrating its major markets onto common app, loyalty, pricing, human resources and finance systems. These investments are intended to reduce costs, accelerate innovation and improve system security and stability. MCD is also working to consolidate its data into a global platform to support future artificial intelligence applications. McDonald’s expects its global systems and process investments to begin generating efficiency benefits in 2027 as it seeks to lower general and administrative expenses as a percentage of systemwide sales.
Dutch Bros Inc. (BROS - Free Report) is refining shop operations to accommodate digital demand, with mobile ordering representing approximately 16% of transactions in second-quarter 2026. The company is evaluating workstation layouts to improve order flow across drive-thru and walk-up windows. BROS is also strengthening customer segmentation and personalization through Dutch Rewards, which accounted for more than 73% of transactions. These capabilities enable offers tailored to purchasing behavior, supporting efforts to increase visit frequency and broaden customer adoption of Dutch Bros’ menu offerings.
Starbucks popřel převzetí společnosti Chipotle, jejíž akcie za poslední rok klesly zhruba o 30 %. Chipotle ve 2. čtvrtletí zvýšilo srovnatelné tržby o 2,2 %, marže restaurací však klesla na 25,2 %.
For four days in October, shareholders of Chipotle Mexican Grill (CMG -0.13%) got to imagine an exit ramp. The Financial Times reported that Starbucks (SBUX +0.36%) had worked with advisors on a takeover proposal for the fast-casual Mexican chain. The chatter about such a possibility was enough to send Chipotle shares higher and Starbucks shares lower. Then, on Oct. 12, a Starbucks spokesperson shut the story down flatly: "I can confirm for you we are not buying Chipotle."
The rumor was dead almost as fast as it had appeared, which left Chipotle investors back where they started: owning a stock that's down by roughly 30% over the past year, sitting near a 52-week low, with no buyer coming to bail anyone out.
CMG Chipotle Mexican Grill$29.85-$0.04 (-0.13%)
NYSE · As of 4:00 PM ET 10/19/26
Why I don't think the deal made much sense anyway
I understand why the rumor caught fire. Brian Niccol was CEO of Chipotle before he left in 2024 to fix Starbucks, so the connection was obvious. But obvious isn't the same as logical. The coffee business and the burrito business don't have all that much in common -- different dayparts, different labor models, different supply chains. Starbucks is also mid-turnaround itself, trying to fix its own traffic problems under Niccol's "Back to Starbucks" plan. I don't think a company still in the midst of repairing its own operations should take on the second-largest restaurant acquisition in history at the same time. Starbucks shareholders were reportedly uneasy about exactly that, per NBC.
Image source: The Motley Fool.
There's also a deeper issue for anyone calling this a win for "long-term Chipotle investors." An acquisition isn't a continuation of the thesis -- it's an exit from it. If Starbucks had bought Chipotle at a depressed price that was a fraction of Chipotle's prior valuation, that would lock in today's discount rather than rewarding anyone who stuck around for a recovery, per Fortune. A sale at the bottom helps someone who wants out. It doesn't help someone who believes the turnaround still has room to run.
SBUX Starbucks$97.87+$0.35 (+0.36%)
NASDAQ · As of 4:00 PM ET 10/19/26
What Chipotle needs to prove
New Chipotle CEO Scott Boatwright's "Recipe for Growth" plan is already showing results: Comparable sales grew in back-to-back quarters, up 0.5% in Q1 and 2.2% in Q2, after a full year of traffic declines in 2025.
A new high-protein menu, with items starting at $3.50 and a jump to four limited-time offerings per year from the historical two, is aimed at making the brand feel like a better deal without becoming a discount chain.
Here's my concern with that approach: The chain's restaurant-level operating margin fell 220 basis points to 25.2% in the same quarter that traffic improved, as expenses rose due to wage growth and performance-based bonuses. Getting people back in the door while margins shrink isn't the same as getting the high-margin growth machine back. I'd want to see at least two or three more quarters where comparable sales keep climbing and margins stop bleeding at the same time, proof that this is a durable recovery and not a temporary traffic bump bought with value pricing.
My take: not dead, but not proven yet
Chipotle's forward earnings multiple has fallen from the mid-40s a few years ago to around 28 or 29 times today, which tells me the market has already priced in a lot of disappointment. A stock this beaten down doesn't need to achieve perfection to perform for investors, it just needs the turnaround to be real. I don't think Chipotle's best days are behind it, but I also don't think two decent quarters settle the question. The company reports its third-quarter results on Oct. 28, and that print, especially the margin line, will matter more to me than another rumor about who might buy the company.
For investors willing to wait and watch that margin trend closely, Chipotle still looks like a bet worth making. I just wouldn't call it a sure thing yet.
Starbucks ve třetím čtvrtletí fiskálního roku 2026 zvýšil globální srovnatelné tržby o 7,9 %; provozní marže vzrostla na 14,4 % a zisk na akcii (EPS) o 70 % na 85 centů.
Key Takeaways Starbucks delivered 7.9% global comparable-store sales growth for the fourth consecutive quarter.Operating margin rose 430 basis points to 14.4%, while EPS increased 70% to 85 cents.Higher fiscal 2026 guidance supports recovery, but coffee costs and store closures remain key risks. Starbucks Corporation’s (SBUX - Free Report) shares have gained 15% year to date (“YTD”), outperforming the restaurant industry, which has declined 12% over the same period.
The stock's relative strength likely reflects improving sales momentum, progress in its Back to Starbucks turnaround strategy, recovering operating margins and an improved earnings outlook. The company's latest quarterly results showed stronger customer traffic and encouraging operating performance, prompting management to raise its fiscal 2026 earnings guidance.
In the same time frame, SBUX has outperformed other industry players like McDonald's Corporation (MCD - Free Report) , Chipotle Mexican Grill, Inc. (CMG - Free Report) and Yum! Brands, Inc. (YUM - Free Report) .
Price Performance
Image Source: Zacks Investment Research
Turnaround Strategy Is Gaining TractionStarbucks' Back to Starbucks strategy is centered on improving customer service, strengthening coffeehouse operations and restoring the brand's appeal. In the third quarter of fiscal 2026, the company delivered its fourth consecutive quarter of positive global comparable-store sales growth. Global comps increased 7.9%, reflecting improving customer traffic and stronger sales performance.
In the United States, comparable sales grew 7.9%, driven by a 4.2% increase in transactions and 3.6% growth in average ticket. Management attributed the progress to better store execution, improved staffing, menu innovation and stronger customer experiences. The limited contribution from pricing to average-ticket growth also suggests that traffic and product mix are playing important roles in the recovery.
The Green Apron Service model has helped Starbucks improve staffing, coaching and operating routines. Management reported that service-time targets were achieved across its ordering channels despite transaction growth. Food availability also approached 99%, approximately 10 percentage points higher than a year earlier. These improvements could support customer satisfaction, repeat visits and more consistent performance across coffeehouses.
Menu Innovation and Rewards Support Sales GrowthProduct innovation and marketing are providing additional growth opportunities. Starbucks' Refreshers platform delivered double-digit year-over-year revenue growth in the United States during the third quarter. Customizable beverages and new flavors have helped attract customers across different age groups and dayparts. Management also highlighted the growing opportunity to boost afternoon visits through beverages, food offerings and improved merchandising.
The revamped Starbucks Rewards program is another potential growth driver. Active 90-day membership in the United States reached 35.8 million, with engagement and average stored-value card reloads exceeding management's expectations. A stronger loyalty ecosystem could encourage more frequent visits and deepen customer relationships.
Starbucks is also improving its coffeehouse environment. The company surpassed 1,000 coffeehouse uplifts across North America ahead of its fiscal 2026 target and aims to complete at least 1,500 by year-end. Early results indicate higher transactions across store formats and ordering channels, while the upgrades cost approximately $150,000 per location on average. The relatively modest investment could support customer experience improvements without the disruption associated with extensive remodels.
Margin Recovery and Higher Guidance Offer SupportStarbucks' profitability is showing signs of recovery. Third-quarter consolidated operating margin expanded 430 basis points year over year to 14.4%, while earnings per share increased 70% to 85 cents. Sales leverage, cost savings and improved operating execution supported margin expansion.
The company remains on track with its $2 billion gross cost-savings plan through fiscal 2028. It also repaid approximately $1.8 billion of debt using part of the proceeds from its China transaction, lowering leverage to 2.9 times and strengthening financial flexibility.
Management raised its fiscal 2026 adjusted EPS guidance to $2.55-$2.65 and expects consolidated operating margin to exceed 11%. It anticipates U.S. comparable-store sales growth of more than 6% and global comps growth approaching 6% for the full fiscal year. These targets suggest continued improvement, although successful execution remains essential.
Costs, Store Closures and Execution Remain RisksDespite the encouraging trends, Starbucks faces several challenges. Third-quarter consolidated revenues declined approximately 1% year over year to $9.3 billion, largely because the transition of its China retail business to a joint venture changed how revenues are reported. Although the new structure is intended to create a more capital-efficient international business, the long-term economics remain subject to execution and market conditions.
Coffee costs continue to pressure margins, while persistent weakness in consumer sentiment could constrain discretionary spending. Starbucks also acknowledged that some North American coffeehouses may require closure because of weak performance, location issues or unattractive economics. Net new company-operated store growth in North America could remain modest through fiscal 2027.
Additionally, part of the third-quarter margin improvement benefited from reciprocal tariff refunds. Management indicated that the company had largely received the refunds to which it was entitled, making sustained improvement increasingly dependent on sales growth and operational efficiencies.
SBUX’s Estimate Revision TrendThe Zacks Consensus Estimate for SBUX's fiscal 2026 and 2027 EPS moved down in the past 30 days, indicating negative sentiment among analysts for its earnings. The company's earnings in fiscal 2026 and 2027 are likely to witness growth of 21.6% and 21.6% year over year, respectively.
Image Source: Zacks Investment Research
Taking a Look at Starbucks’ ValuationSBUX stock is trading below the industry. With a forward 12-month price/sales ratio of 2.83X, below its industry average. Meanwhile, other industry players like McDonald's, Chipotle Mexican Grill and Yum! Brands are trading at 5.95X, 2.75X and 4.6X, respectively.
P/S (F12M)
Image Source: Zacks Investment Research
Is SBUX Stock a Buy Now?Starbucks' improving traffic, product innovation, operating discipline and higher earnings outlook support the case for further recovery. However, cost pressures, potential store closures and the need to sustain comparable-sales growth could limit upside. With a Zacks Rank #3 (Hold), investors may prefer to monitor the company's progress in delivering profitable growth before taking a more aggressive position in the stock.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Vertrix Wealth Management LLC grew its position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 27.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,404 shares of the coffee company’s stock after acquiring an additional 7,017 shares during the quarter. Vertrix Wealth Management LLC’s holdings in Starbucks were worth $3,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in SBUX. BlackRock Inc. purchased a new position in Starbucks during the second quarter worth about $8,504,509,000. State Street Corp increased its stake in Starbucks by 3.2% in the 2nd quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock valued at $5,033,907,000 after buying an additional 1,530,497 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Starbucks by 65.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after buying an additional 7,725,547 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Starbucks during the 2nd quarter worth approximately $1,581,287,000. Finally, Invesco Ltd. grew its holdings in shares of Starbucks by 7.5% in the fourth quarter. Invesco Ltd. now owns 14,607,392 shares of the coffee company’s stock valued at $1,230,088,000 after acquiring an additional 1,016,898 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.
Trending Headlines about Starbucks Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks ruled out a Chipotle acquisition. A company spokesperson said, “We are not buying Chipotle,” ending several days of takeover speculation. Investors viewed the decision as favorable because Starbucks can remain focused on improving its core coffee business rather than funding and integrating a large restaurant acquisition. Starbucks says it is not buying Chipotle after takeover speculation Positive Sentiment: Dividend growth supports the shareholder-return story. Coverage reported that Starbucks raised its dividend while continuing its turnaround. The increase may appeal to income-focused investors, although the company’s ability to sustain dividend growth will depend on improving earnings and cash flow. 3 Stocks Raise Dividends, But Which Has Room to Keep Growing? Insider Buying and Selling In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Friday, September 4th. The shares were sold at an average price of $105.60, for a total transaction of $235,382.40. Following the completion of the sale, the chief executive officer directly owned 73,149 shares of the company’s stock, valued at approximately $7,724,534.40. The trade was a 2.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 6,099 shares of company stock valued at $627,135. 0.03% of the stock is owned by insiders. Starbucks Trading Up 1.7% SBUX stock opened at $92.29 on Tuesday. The firm has a 50 day moving average of $101.02 and a 200-day moving average of $100.96. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The firm has a market capitalization of $105.21 billion, a P/E ratio of 53.04, a price-to-earnings-growth ratio of 1.31 and a beta of 0.98.
Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The firm had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the business earned $0.50 EPS. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Sell-side analysts predict that Starbucks Corporation will post 2.59 EPS for the current year.
Starbucks Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.52 dividend on an annualized basis and a yield of 2.7%. This is a boost from Starbucks’s previous quarterly dividend of $0.62. Starbucks’s dividend payout ratio is presently 142.53%.
Wall Street Analysts Forecast Growth SBUX has been the subject of a number of research analyst reports. UBS Group reaffirmed a “neutral” rating and set a $105.00 price target (down from $112.00) on shares of Starbucks in a research report on Thursday. Gordon Haskett lifted their price objective on shares of Starbucks from $110.00 to $118.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Sanford C. Bernstein cut shares of Starbucks from an “outperform” rating to a “market perform” rating in a research note on Monday, August 3rd. William Blair reissued an “outperform” rating on shares of Starbucks in a research report on Thursday. Finally, Argus increased their target price on shares of Starbucks from $112.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Twenty-three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Starbucks currently has a consensus rating of “Hold” and an average target price of $110.80.
Check Out Our Latest Analysis on SBUX
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global specialty coffee company that operates coffeehouses and sells coffee, tea and other beverages, along with food products and merchandise. Its menu includes brewed coffee, espresso-based drinks, cold beverages, teas, bakery items and ready-to-eat food. Starbucks also markets packaged coffee, ready-to-drink beverages and related products through retail and grocery channels, often through licensing and other business partnerships.
Founded in Seattle in 1971, Starbucks expanded from a local coffee retailer into an international brand.
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Starbucks on Monday denied that it is considering acquiring Chipotle Mexican Grill in what would be the biggest ever restaurant takeover.
"Starbucks is not buying Chipotle," a Starbucks spokesperson told CNBC.
Chipotle's stock was down more than 2% in premarket trading Monday following the denial, while Starbucks shares were more than 1% higher.
The coffee giant's denial comes after days of rumors about a potential mega-deal between the two restaurant companies.
On Thursday, the Financial Times reported that Starbucks has been working with advisers on a takeover proposal of Chipotle in recent months. The newspaper cited people familiar with the matter.
Earlier in October, Semafor reported that Chipotle had hired advisers to defend against activist investors or an unwanted takeover bid. The fast-casual chain is trying to recover from a rocky 2025, when traffic to its restaurants fell. Chipotle shares are down about 20% over the last year, making it a cheaper target.
The deal rumors sent shares of Chipotle higher, while Starbucks stock fell on the reports.
Chipotle investors were looking forward to a potential reunion with Brian Niccol, who previously led Chipotle and is now CEO of Starbucks. But Starbucks shareholders were largely concerned about an expensive distraction while the coffee chain is in the middle of its own turnaround.
Starbucks once seemed unstoppable, expanding from 16,000 stores to 38,000 in just six years, yet something quietly broke along the way. A new CEO, a reshaped menu, and a bold bet in China have done little to convince shareholders that…
For years, Starbucks (NASDAQ: SBUX) was a growth company and a growth stock. In 2016, it had about 16,000 stores, including company-owned and franchised locations. By 2022, it had reached 38,000 stores, and that growth began to flatten. Investors started to beat down its shares at the same time. Comparable sales, which also suffered, have begun to grow after a period of decline. That has not been enough. Shares are down 16% over the last five years. The S&P 500 is 75% higher. Could it be worse? Sure, but not by much.
What are investors seeing? Growth stopped. One problem was revenue. The other was comparable store sales. However, in the most recent quarter, comparable store sales rose 7.9%. But revenue was flat at $9.3 billion. It showed progress and was enough to give the stock a bump, but it was not sustainable.
And Starbucks abandoned its primary global growth initiative. Boyu Capital in China took a 60% stake. Starbucks kept 40% and “continues to own and license the brand and intellectual property to the joint venture.” The venture set a goal of reaching 20,000 stores from the current 8,000. However, what evidence is there that a new controlling shareholder can do that? Local coffee store leader Luckin’ Coffee has 35,000 stores worldwide, most of which are in China.
Some hoped new CEO Brian Niccol could carry over success from his last job at Chipotle (NYSE: CMG). He began by closing underperforming Starbucks locations, setting a dress code for local store staff, making modest personnel cuts, removing low-performing items from the menu, and reducing customer wait times. Shareholders viewed this as window dressing. The stock is down 10% in the last month.
How many investors believe Starbucks can end its five-year stock slide? Not many.
Contact [email protected] for any questions or corrections.
Starbucks zvažoval akvizici Chipotle Mexican Grill, jejíž hodnota přesahuje 41 miliard USD. Ve čtvrtek akcie Starbucks klesly o více než 3 %, zatímco akcie Chipotle vzrostly téměř o 7 %.
Starbucks fell more than 3%, while Chipotle jumped nearly 7% on the report. Summary
Chipotle is valued at roughly $41 billion.
Shares of Starbucks Corp. (SBUX, Financials), the world's largest coffee chain, sank more than 3% Thursday after a report suggested the firm had contemplated buying Chipotle Mexican Grill in what might be one of the biggest restaurant acquisitions ever.
Shares of Chipotle jumped roughly 7% on the announcement.
Starbucks has been working with consultants on a possible acquisition deal in recent months, though the status of those negotiations is unknown. Both companies declined to comment and there is no promise there will be a merger.
The link begins with Starbucks CEO Brian Niccol.
Niccol spent six years with Chipotle before joining Starbucks in 2024. His prior experience with the burrito company may help explain the strategic interest, especially as Starbucks attempts to boost its food offerings. But the market response suggests the risk.
Chipotle is valued at over $41 billion, suggesting that a buyout would be a significant investment. Starbucks is also currently executing its Back to Starbucks turnaround, and investors may wonder if such a big deal would be a distraction for management at a time when the initiative is starting to show promise.
Analysts also questioned how much operational overlap there is between the two restaurant operations.
That leaves investors with a greater concern than can Starbucks purchase Chipotle: will owning it make Starbucks more valuable?
The next catalyst will be any indication from either business that acquisition talks are moving forward.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Recognizing its Sixteenth Consecutive Annual Increase
SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend from $0.62 to $0.63 per share of outstanding Common Stock. The increased dividend will be payable in cash on November 27, 2026, to shareholders of record on November 13, 2026. This change reflects an annualized dividend rate of $2.52 per share.
“Today’s dividend increase reflects our continued confidence and belief that disciplined execution of our Back to Starbucks strategy will drive sustainable long-term growth and value creation,” said Cathy Smith, chief financial officer.
Starbucks Coffee Company first initiated its dividend program in 2010 with a quarterly payout of $0.05 per share and has since grown its dividend at a compound annual growth rate of approximately 17%. This growth underscores the company’s long-standing commitment to returning value to shareholders.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to responsibly sourcing and roasting high-quality arabica coffee. Today, with a global footprint of more than 41,000 company-operated and licensed coffeehouses and a growing presence in consumer-packaged goods, we are the world's premier purveyor of specialty coffee. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our coffeehouses or online at about.starbucks.com or www.starbucks.com.
Forward-Looking Statements
Certain statements contained herein are “forward-looking” statements within the meaning of applicable securities laws and regulations regarding future events and the potential future results of Starbucks Corporation (together with its subsidiaries). They often include words such as “believes,” “continues,” “expects,” “anticipates,” “forecasts,” “estimates,” “intends,” “plans,” “seeks,” or words of similar meaning, or future or conditional verbs, such as “will,” “should,” “could,” “would,” “may,” “aims,” “intends,” or “projects,” and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. By their nature, forward-looking statements involve risks, uncertainties, and other factors (many beyond our control) that could cause our actual results to differ materially from our historical experience or from our current expectations or projections. Our forward-looking statements, and the risks and uncertainties related thereto, include, but are not limited to, those described under the “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” sections of the company’s most recently filed periodic reports on Form 10-K and Form 10-Q and in other filings with the U.S. Securities and Exchange Commission, as well as, among others:
our ability to preserve, grow, and leverage our brands;the impact of our brand, marketing, promotional, advertising, and pricing strategies, platforms, reformulations, innovations, or customer experience initiatives or investments;the costs and risks associated with, and the successful and timely execution and effects of, our existing and any future business opportunities, expansions, initiatives, strategies, investments, transformation efforts, and plans, including our “Back to Starbucks” strategy and our restructuring plans;the costs and risks associated with, and the successful execution and effects of, strategic changes to our ownership and operating structure, including as a result of acquisitions, divestitures, other strategic transactions or entry into joint ventures, including our joint venture with respect to Starbucks retail operations in China;our ability to align our investment efforts with our strategic goals;evolving consumer preferences, demand, consumption, or spending behavior, reduction in discretionary spending and price increases, and our ability to anticipate or react to these changes;the ability of our business partners, suppliers, and third-party providers to fulfill their responsibilities and commitments and our reliance on certain key business partners and suppliers;the potential negative effects of food or beverage-safety incidents, or product recalls, including any perceived association of our products or brands with such incidents;our ability to open new coffeehouses and efficiently maintain the attractiveness of our existing coffeehouses and manage related costs;our heavy reliance on the financial performance of our North America operating segment and our dependence on the performance and growth of certain international markets;our ability to operate and successfully expand our footprint in international markets, which is influenced by factors distinct from our North America operating segment;inherent risks of operating a global business, including changing conditions in our markets; local factors affecting coffeehouse openings; protectionist trade or foreign investment policies, including trade restrictions, tariffs, quotas, import/export regulations, customs restrictions, sanctions, countersanctions, and retaliatory measures; compliance with local laws and other regulations; and local labor policies and conditions, including labor strikes and work stoppages;higher costs, lower quality, or unavailability of coffee, dairy, cocoa, energy, water, raw materials, packaging, or product ingredients and related volatility;the ability of our supply chain to meet current or future business needs and our ability to scale and improve our forecasting, planning, production, and logistics management;the potential impact on our supply chain and operations of adverse weather conditions, natural disasters, or significant increases in logistics costs;a worsening in the terms and conditions upon which we engage with our manufacturers and source suppliers;the impact of unfavorable macroeconomic conditions and other factors, including economic slowdowns or recessions, rising real estate costs, supply chain disruptions, climate change and extreme weather events, inflation and interest rate fluctuations, government shutdowns, labor unrest, geopolitical instability, disruptions in credit markets and foreign currency exchange rate volatility;failure to meet market expectations for our financial performance or any announced guidance and the impact thereof;failure to attract or retain key executive or partner talent;changes in the availability and cost of labor, including any union organizing efforts and our responses to such efforts;the impact of, and our ability to respond to, substantial competition from new entrants, consolidations by competitors, and other competitive activities, such as pricing actions (including price reductions, promotions, discounting, couponing, or free goods); marketing; category expansion; product introductions; or entry or expansion in our geographic markets;evolving corporate governance and public disclosure regulations and expectations, including with respect to sustainability matters;the potential impact of activist shareholder actions or tactics;failure to comply with applicable laws and complex and changing legal and regulatory requirements, including those governing privacy, data protection, artificial intelligence, and other emerging technologies;the impact or likelihood of significant legal disputes and proceedings or government investigations;the unauthorized access, use, theft, or destruction of our data, or of our proprietary or confidential information, including as a result of increasingly sophisticated threats enabled or accelerated by artificial intelligence, and the impact thereof;potential negative effects of, and our ability to respond to, a material failure, inadequacy, or interruption of our information technology systems or digital platforms, or those of our third-party business partners or service providers, or failure to comply with data protection laws; andour ability to adequately protect our intellectual property or adequately ensure that we are not infringing the intellectual property of others.In addition, many of the foregoing risks and uncertainties are, or could be, exacerbated by any worsening of the global business and economic environment, and new risks periodically emerge. A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. Actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this release. We are under no obligation to update or alter any forward-looking statements, whether as a result of new information, future events, or otherwise.
Starbucks čelí navrhované hromadné žalobě kvůli tomu, že osm proteinových nápojů označuje jako „bez cukru“, přestože ve velikosti venti obsahují 13 až 21 gramů cukru. Starbucks obvinění odmítá.
Starbucks is facing a proposed class-action lawsuit alleging the coffee giant misleadingly markets eight protein beverages as “Sugar-Free” despite the drinks containing naturally occurring sugar from milk.
The lawsuit, filed Friday in the US District Court for the Western District of Washington, alleges Starbucks’ “Sugar-Free” protein drinks contain between 13 and 21 grams of sugar per venti serving.
The plaintiffs contend the product names violate federal regulations governing “sugar-free” labeling claims.
Starbucks disputes the allegations.
“We believe these claims have no merit,” a Starbucks spokesperson said in a statement.
“Starbucks has consistently and clearly provided information about its protein beverages, sugar-free options, customization choices and nutritional content across product announcements, menus, marketing materials, Starbucks.com and the Starbucks app, and we intend to vigorously defend ourselves in this matter.”
Starbucks is facing a lawsuit alleging it misleadingly marketed protein drinks as “sugar-free” despite containing natural sugar. Studio Aurelia – stock.adobe.com At the center of the dispute is the distinction between total sugar and added sugar. The plaintiffs acknowledge that Starbucks provides nutritional information showing the beverages contain sugar, but argue that using “Sugar-Free” in the product names is misleading.
“This case is about false and misleading product names. It is not about missing nutritional information,” the complaint states.
The sugar at issue is lactose naturally present in the milk used to make the beverages, according to the lawsuit. Figures cited in the complaint from Starbucks’ nutrition information show venti versions contain between 13 and 21 grams of sugar.
A venti Sugar-Free Caramel Protein Matcha contains 21 grams of sugar, according to the complaint. ClassAction.org A venti Sugar-Free Caramel Protein Matcha contains 21 grams, while a Sugar-Free Vanilla Protein Matcha contains 20 grams, according to the complaint. The lawsuit includes screenshots of Starbucks’ ordering pages showing those sugar amounts alongside the “Sugar-Free” product names.
Starbucks has distinguished between total sugar and added sugar in descriptions of the beverages. According to the complaint, Starbucks has described the products as containing “no added sugar” while also incorporating “Sugar-Free” into their names.
The plaintiffs argue that distinction does not satisfy federal requirements for a “sugar free” claim.
The complaint cites Food and Drug Administration regulations that plaintiffs say permit a “sugar free” claim only when a food or beverage contains less than 0.5 grams of sugar per reference amount customarily consumed and per labeled serving, among other requirements.
Starbucks launched its protein drink lineup in September 2025. Brian Zak/NY Post The plaintiffs allege Starbucks’ drinks exceed that threshold because of the lactose in the milk used to make them.
The lawsuit also alleges Starbucks fails to provide a calorie disclaimer that plaintiffs contend is required under FDA regulations when a “sugar free” claim is made on a product that is not labeled low or reduced calorie. The complaint says the eight beverages contain roughly 270 to 340 calories per venti serving.
The allegations have not been adjudicated, and Starbucks denies any wrongdoing.
The lawsuit was brought by consumers Michael Walsh of California, Anne Legnini of New York and Elna Potter of Washington.
They are seeking to represent a nationwide class of customers who purchased the beverages, or alternatively separate classes of consumers in California, New York and Washington.
The eight beverages at issue are hot and iced Sugar-Free Vanilla and Caramel Protein Lattes and Protein Matchas. Starbucks launched its protein beverage lineup in September 2025 as the company sought to tap growing consumer demand for protein-enhanced drinks.
The plaintiffs are pursuing claims under consumer protection and false advertising laws in Washington, California and New York, along with claims for breach of implied warranty and unjust enrichment.
They are seeking damages and restitution as well as an order barring Starbucks from marketing beverages as “Sugar-Free” unless they meet the applicable requirements.
Here's the simple math first. Starbucks (SBUX -0.30%) pays an annual dividend of $2.48 per share and recently traded at around $95 per share.A $10,000 investment buys roughly 105 shares at that price, and that payout works out to about $260 a year in dividend income, paid whether the stock goes up, down, or sideways that year.
It won't replace a paycheck, but it's a useful way to picture what owning this stock actually pays an investor in cash, separate from whatever the share price does on any given day.
Image source: Getty Images.
Starbucks' turnaround is finally showing up in the numbers Starbucks spent the past two years working through what Chief Executive Officer Brian Niccol branded the "Back to Starbucks" plan, aimed at fixing slow service, inconsistent stores, and an overly complicated menu. On the plan's two-year anniversary in September, Niccol declared the momentum was finally real, and the numbers backed him up.
Global comparable sales rose 7.9%, with North American sales up 8.1%, and customer visits increased alongside that. It was Starbucks's first quarter of positive global comparable sales in seven quarters.
Management also approved the next phase of its store renovation push, part of a roughly $1 billion plan to refresh up to 9,000 cafes, with more than 1,000 stores already updated and a target of 1,500-plus by year-end, according to SIlive.com. At the same time, the company closed about 250 underperforming North American locations, roughly 1% of its footprint, that weren't meeting its bar for either customer experience or financial performance.
Fixing stores a company already has and being willing to close the ones that don't work is a slower and less flashy strategy than simply opening new locations as quickly as possible. But it's also the kind of discipline that tends to support a durable, growing dividend over the following decade rather than a one-quarter headline.
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Restructuring in China frees up cash without giving up the upside Starbucks also fundamentally changed how it operates in China this year, in a way that lowers its risk without walking away from the market's long-term size. The company sold a 60% stake in its roughly 8,000 cafes in China to Boyu Capital for $4 billion, while keeping a 40% ownership interest and continuing to collect licensing fees on use of the Starbucks brand there, according to the AP.
Instead of directly funding and operating thousands of stores in a market where local Chinese coffee chains have been aggressively undercutting it on price, Starbucks now gets paid through its retained stake and brand royalties, while a local partner handles the capital-intensive work of running the stores.
Starbucks has said it now values its China business at more than $13 billion, including the retained stake and ongoing fee stream, and the new joint venture has set a long-term goal of growing to as many as 20,000 locations, according to CNBC. That's a more capital-light way for Starbucks to keep participating in China's growth, with far less of its own cash tied up getting there, and with a partner who understands the local competitive landscape better than a U.S. head office ever could.
How does this add up to a long-term bullish case? Put the three pieces together: a turnaround that's now showing up in actual customer visits, a leaner and less capital-intensive approach to its largest international growth market, and a dividend that has grown for 15 consecutive years, historically at a pace of around 17.5% annually. According to Tikr.com, the stock is expected to continue climbing toward roughly $3.11 per share by fiscal 2030, a meaningful jump from today's $2.48.
A company that is fixing its core stores, closing the ones that don't work, de-risking its largest growth market, and still finding room to raise its dividend every year is exactly the kind of setup long-term investors should want to own through the next several years.
Starbucks po prodeji 60% podílu ve svých čínských aktivitách společnosti Boyu Capital otevřel dvě pobočky v Urumči v Sin-ťiangu, což vyvolalo kritiku amerického Kongresu.
Hi, this is Anniek, writing to you from Singapore. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses.
Starbucks struck one of Asia's most closely watched deals last year, selling a majority stake in its China business to a local private-equity firm. Now it is getting headaches at home over choices made by a partner that increasingly leans toward Beijing's priorities.
The big storyStarbucks Corp has taken its green apron to Xinjiang, a region where Western governments accuse Beijing of widespread human-rights abuses and where the U.S. restricts imports over forced-labor concerns.
The opening of two stores in Urumqi shows how the Chinese private-equity firm that now controls Starbucks' business in its second-largest market is willing to weather Washington's anger.
Starbucks completed the sale of a 60% controlling stake in its China operations to Boyu Capital in April. The venture aims to grow from roughly 8,000 stores to as many as 20,000, and Xinjiang appears to be a bold, if controversial, first stop.
The U.S. House Select Committee on China called the decision "shocking and morally bankrupt" for "a company that prides itself on social responsibility" and demanded the stores close. Its chairman, Rep. John Moolenaar (R-Mich.), was blunt in that statement headlined "Starbucks Serves Up Venti-Sized Genocide."
China's Foreign Ministry rejected the criticism, calling U.S. claims of genocide "a blatant lie" and saying Xinjiang has emerged as a region of "social stability, economic prosperity, ethnic unity and religious harmony." Beijing has long defended its security crackdown as necessary to counter terrorism and religious extremism, and denies allegations of "crimes against humanity" and ongoing repression.
Boyu — run by people who know China's politics well — wouldn't have missed the risk, said Ivy Yang, founder of Wavelet Strategy. "Boyu understands the sensitivity of Xinjiang as well as anyone," she said. In her view, the decision shows the firm weighed Washington's reaction and concluded that the domestic commercial opportunity mattered more.
The Hong Kong-based private-equity firm, co-founded by Alvin Jiang, a grandson of the late President Jiang Zemin, has long been seen as having close ties to China's political elite.
Starbucks has been losing ground on price and speed to local rivals, Yang said, and a new owner who's under pressure to deliver growth is likely to go where the stores aren't yet.
Molly Liu, chief executive of Starbucks China, in a recent statement, pledged to keep investing in the region.
Business vs geopoliticsSome, however, believe Starbucks' store openings cannot be read as a purely commercial decision.
"Chinese authorities have a strong interest in attracting prominent global brands to Xinjiang to demonstrate the region's stability," said Dan Wang, China director at Eurasia Group.
Beijing has spent years courting investment in Xinjiang. Supporting the region economically became a state goal after the controversy over Xinjiang cotton, said Yaling Jiang, founder of consumer consulting firm ApertureChina, and state television and social-media content have since turned it into a consumer aspiration.
But Xinjiang remains among China's poorer regions. Its full-year rural per capita disposable income only just topped 20,000 yuan ($2,983) for the first time last year, compared with 24,456 yuan for rural residents nationwide. The non-metropolitan median household income in the U.S. was $60,459 in 2023.
More than a dozen American brands have already ventured into Xinjiang, including Pizza Hut, KFC, McDonald's, Tesla and Burger King. But few have drawn comparable criticism from U.S. lawmakers.
And that expansion has gathered pace since 2023, according to GeoHey Brand Insights, a geospatial-data research firm, despite the landmark Uyghur Forced Labor Prevention Act signed into law in December 2021.
"Worsening geopolitics is inevitable, and must be priced into any exit negotiation," said Meng Shen, director of Chanson & Co., a Beijing-based boutique investment bank, of multinationals' interest in joint ventures with Chinese partners.
With U.S.-China ties steadying this year, Starbucks' Xinjiang stores are now a test of the climate for American business in China, Wang said — if Starbucks ultimately halts the project under U.S. pressure, it would send a negative signal to American businesses in China that commercial commitments can be overridden by political pressure from Washington.
That could make U.S. brands even more wary of Chinese partners and future deals harder to negotiate, she said.
Need to know'Unwelcome and unsafe': Why Japanese companies are retreating from China at a historic rate
Japanese companies are leaving China in record numbers, as a slowing Chinese economy and a diplomatic freeze force businesses to reassess their presence in the world's second-largest economy.
China wants in on U.S. AI data center boom. Here's why
Chinese manufacturers are eyeing the U.S. data center buildout as an opportunity, even as the two countries compete for AI dominance. "We can see very big potential in the U.S. market," said S.K. Lee, a global vice president at Singapore-registered Brightray, an AI infrastructure company. "The China market is equally important, but we can see that there's a stronger demand in the U.S."
Big Pharma's China deal spree grows with latest tie-up worth up to $7.8 billion
Novartis signed a deal worth up to $7.8 billion with China-based Abogen Biosciences for an mRNA therapy for autoimmune disease, the latest in a run of tie-ups between Big Pharma and Chinese biotechs.
Coming upOct 1-7: China's National Day holiday
Oct 7: China's foreign-exchange reserves for September
Oct 8-9: Second round of the EU-China trade and investment consultations in Beijing
Oct 9: China's September new yuan loans and total social financing data
Americký zákonodárce vyzval společnost Starbucks, aby okamžitě zavřela první dvě provozovny v čínském Sin-ťiangu. Označil to za morálně bankrotující rozhodnutí.
A US lawmaker has called on Starbucks (SBUX.O) to close its first stores in China's Xinjiang, calling it a "morally bankrupt decision" to do business in a region where Uyghurs face repression.
China denies widespread accusations of abuses of the Uyghurs, a mainly Muslim ethnic minority, saying its policies in the far-western region were aimed at combating terrorism, separatism and religious extremism.
Starbucks opened its first two stores this week in Xinjiang's capital, Urumqi, including one at the city centre's Grand Bazaar and a second at its international airport.
John Moolenaar, chairman of the Select Committee on China of the House of Representatives, called on Starbucks to "immediately reverse course and close its stores".
"This is a shocking and morally bankrupt decision by a company that prides itself on social responsibility," he said in a statement published on Thursday.
"There is no justifiable reason for an American company to do business in a region where the CCP (Chinese Communist Party) has detained more than a million Uyghurs and is stripping them of their faith, language, and culture."
Responding to a request for comment, China's Foreign Ministry said the US allegations of repression in the region were "naked lies" and that Xinjiang enjoyed "stable society, economic growth, racial unity and religious harmony".
China would offer more investment opportunities for foreign enterprises, the ministry added.
Starbucks did not respond to requests for comment. China is in the middle of its week-long national day holiday.
On the company's official WeChat platform this week, China Chief Executive Officer Liu Wenjuan said it would continue to invest in Xinjiang.
Pictures of the stores posted on the platform showed Starbucks' logo in English and Chinese. There were no obvious images of any Uyghur-language signs. Uyghur is written in an Arabic-based script and is meant to enjoy official parity in Xinjiang.
In April 2026, Starbucks finalised its China joint venture by bringing in a strategic investor, Boyu Capital, as its 60% stakeholder. The joint venture operates about 8,000 outlets in China.
Akcionáři Starbucks tlačí na obnovení zrušeného výboru pro pracovní vztahy a varují před přetrvávajícím rizikem kvůli chybějící smlouvě s odbory baristů v USA. Akcie Starbucks letos stouply o 13 %.
Starbucks' strained relationship with its US union is facing fresh scrutiny from a shareholder proposal filed Friday by New York City's comptroller that has not previously been disclosed.
The proposal, which follows identical filings by the New York state comptroller and Trillium Asset Management, asks the coffee chain's board to reinstate a dissolved committee that oversaw labor relations. The investors argue the company has neglected the issue under CEO and company chair Brian Niccol.
A copy of the proposal reviewed by Reuters describes labor relations as one of Starbucks' "most significant and persistent risk areas." It highlights the absence of a labor agreement with the union representing US baristas nearly five years after workers at the first store organized in Buffalo, New York. Based on recent estimates, the union represents about 5% of US stores.
"We're well into Brian Niccol's tenure at Starbucks and this issue has not gone away," Jonas Kron, chief advocacy officer at shareholder Trillium Asset Management, said in a phone interview. "The board will function best when particularized risks like this get the attention of a committee," he said.
The filers collectively hold nearly $270 million of Starbucks shares, according to recent ownership figures provided by a spokesperson for the New York City comptroller's office.
RISK TO TURNAROUND EFFORTS?
Starbucks said in a statement it was confident the board "has the necessary skills and experience to effectively oversee our strategy." The company's shares are up 13% this year, and Starbucks often says it offers the "best job in retail".
Starbucks created the Environmental, Partner and Community Impact Committee in 2023 to oversee labor relations and other social issues after pressure from some of the same shareholder groups behind the latest proposal.
Niccol became CEO and board chair in September 2024, and the committee was dissolved in November 2025. Starbucks said in an investor presentation in March that the committee's responsibilities were redistributed because the board determined oversight would be "stronger and more integrated" that way.
Several of the current filers previously cited the committee's dissolution in a failed effort to unseat two directors at Starbucks' shareholder meeting in March.
The campaign nevertheless attracted support from shareholder proxy advisers, which warned investors that Starbucks could be overlooking risks linked to labor relations, including strikes and a $38.9 million settlement paid to New York City over alleged staff-scheduling violations. Last month, the union urged consumers to boycott the chain until a contract is reached.
Starbucks has also faced pressure beyond Wall Street. In May, UN human-rights experts urged Starbucks and the US government to respond to allegations that the company had conducted a years-long campaign against workers seeking to unionize. US lawmakers also pressed Starbucks late last year to reach a labor agreement with the union.
Elsewhere in the industry, Blue Bottle Coffee and a union representing baristas at nine stores in Massachusetts and California ratified a first contract earlier in September, according to the union. Blue Bottle was sold by Nestle (NESN.S) earlier this year to China-based Centurium Capital, which also owns Luckin Coffee.
Starbucks Workers United backed the shareholder proposal, saying in a statement that "investors should take a hard look at how the company's long list of unsettled labor issues" may be negatively affecting Niccol's turnaround plan.
Starbucks typically holds its annual shareholder meeting in March.
Starbucks zavírá zhruba 250 slabších kaváren v Severní Americe, i když srovnatelné tržby rostou nejrychleji za roky. Zároveň zvýšil celoroční odhad EPS na 2,55 až 2,65 USD.
Starbucks is closing hundreds of cafes while customer traffic is climbing, which raises an uncomfortable question about just how badly the chain misjudged its own expansion.
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Starbucks (NASDAQ:SBUX | SBUX Price Prediction) is closing roughly 250 underperforming cafes across North America, while comparable sales are the strongest they’ve been in years. That is the tension. Companies usually prune stores when demand is falling, yet Starbucks is doing so while transactions are accelerating.
The stock barely reacted, trading at $93.65, down 0.52% for the session. But shares are down 11.45% over the past month even as operating results improved, signaling investors view the closures as portfolio hygiene rather than a warning sign.
A Small Cut in the Footprint The closures represent a low single-digit share of North America’s 18,371 coffeehouses at the end of the most recently reported quarter. A company in distress retrenches, whereas a company in recovery prunes.
The proportion is what makes the argument, because 250 stores in a base that size is a real estate correction. Baristas at the affected locations are being offered transfers or severance, and that is all the company has said about people.
Reading the Restructuring Charge The restructuring charge splits between cash items covering lease exits and employee separation, and non-cash asset write-downs. The non-cash portion reflects assets already impaired, not cash leaving the business.
This matters because the headline charge overstates the true cash cost. Starbucks recorded $302.6 million in restructuring and impairment charges in the most recent reported quarter and $892 million in full-year FY2025 restructuring charges during the prior program, so you have a template for how these charges land.
Recovery Behind the Pruning Global comparable sales rose 7.9%, with transactions up 4.2% and average ticket up 3.5%. Transaction growth signals more customers walking in rather than the same customers paying more.
Non-GAAP operating margin expanded 430 basis points to 14.4%, and non-GAAP EPS of $0.85 beat the $0.6499 consensus. Management raised full-year non-GAAP EPS guidance to $2.55 to $2.65.
Management telegraphed the closures on that call. The finance chief said, “we are gaining deeper visibility into some underperforming coffeehouses, which could result in some closures.” The chief executive said the company had “potentially put the wrong store in the wrong place.” That is a real estate correction, in their own words.
Growth Moves Abroad The reduced net new store target concentrates remaining openings internationally. North America becomes a margin and density story, and unit growth shifts abroad, where local competition and currency create different risks.
This is the second closure round under the current chief executive, following the 627-store cut announced with the prior fiscal year’s fourth-quarter results. Two rounds in short succession raise a fair question about whether the base was over-expanded more broadly.
Bull and Bear Case for SBUX Stock The bull case: transaction growth is accelerating, margin expansion is real, guidance was raised, and management closes underperforming stores rather than defending them. Analysts carry a $112.23 price target.
The bear case: repeated restructuring rounds, shrinking North American unit growth, and a trailing P/E near 55x that prices recovery in progress. Shareholders’ equity sits at negative $7.67 billion after years of buybacks.
The deciding variable is whether transaction growth holds once the comparisons get harder. The company guided Q4 U.S. comparable sales growth of 6.5% or greater, and that report is the falsifiable trigger. If transactions stay positive, the pruning thesis wins. If they roll over, the second round of closures looks like the first sign of a bigger problem.
Contact [email protected] for any questions or corrections.
Starbucks is getting ready to shut down dozens of California coffee shops, with 64 locations across the state apparently headed for the chopping block.
The closures stretch from Santa Rosa to San Diego, hitting the Bay Area, Sacramento, the Central Coast, Los Angeles, Orange County, the Inland Empire and beyond.
A pumpkin spice latte is shown. USA TODAY Network via Reuters Connect News outlets cross-checked a sampling of the California locations using the Starbucks app and the company’s store locator to find locations that didn’t have operating hours scheduled beyond this week.
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The list of 64 California locations comes from Starbucks superfan and data tracker Winter, who has spent decades trying to visit every company-operated Starbucks in the world, according to SFGate. He also used the app to compile the list.
Starbucks has not confirmed the California locations individually.
The 64 reported California store closures represent 2.1% of the state’s locations, and it is unknown if any employees will be laid off since Starbucks plans to transfer workers to nearby stores.
A Venti Mocha Frappuccino is displayed at a Starbucks. AP
A woman walks out of a Starbucks Coffee with a beverage in hand. AP “Coffeehouses that are closing will have signage up this weekend to notify customers,” Starbucks told SFGate.
Here are the California stores that appear to be closing.
Northern California
Concord, 1701 Willow Pass Road Gilroy, 795 First Street Hercules, 3700 San Pablo Avenue Lafayette, 3547 Mount Diablo Boulevard Millbrae, 119 North Rollins Road Mountain View, 1037-C El Monte Avenue Oroville, 2040 Third Street Roseville, 10441 Fairway Drive Sacramento, 3511 Truxel Road Sacramento, 2648 Watt Avenue Sacramento, 8341 Elk Grove Florin Road Sacramento, 8240 Calvine Road Sacramento, 1901 J Street San Carlos, 1135 Industrial Road San Carlos, 1187 San Carlos Avenue San Jose, 1205 The Alameda Santa Rosa, 138-A Calistoga Road Santa Rosa, 2240 Mendocino Avenue South San Francisco, 176 Gateway Boulevard Walnut Creek, 1663 N. California BoulevardCentral California
Fresno, 2635 E. Shaw Avenue Fresno, 704 W. Shaw Avenue Freedom, 2024 Freedom Boulevard Merced, 5 E. 23rd Street San Luis Obispo, 1075 Court Street San Luis Obispo, 3970 Broad Street San Luis Obispo, 253 Madonna Road Soquel, 2740 41st StreetSouthern California
Aliso Viejo, 27072 La Paz Road Azusa, 710 S. Azusa Avenue Burbank, 4207 Riverside Drive Calabasas, 26531 Agoura Road Century City, 1875 Century Park E. Chatsworth, 20790 Nordhoff Street Cypress, 10953 Meridian Drive Encinitas, 1560 Leucadia Boulevard Laguna Woods, 24281 Moulton Parkway Los Angeles, 2952 Beverly Glen Circle Los Angeles, 5757 Wilshire Boulevard Los Angeles, 639 N. Broadway Los Angeles, 801 S. Olive Street Los Angeles, 6081 Center Drive Los Angeles, 555 West 5th Street North Hollywood, 5166-A Lankershim Boulevard Ontario, 4321 E. Ontario Mills Parkway Panorama, 7902 Van Nuys Boulevard Pasadena, 3429 E. Foothill Boulevard Rancho Santa Margarita, 28562 Oso Parkway Rowland Heights, 19759 Colima Road San Bernardino, 291 E. Hospitality Lane San Diego, 4134 Adams Avenue San Diego, 3675 Murphy Canyon Road San Diego, 7750 Copley Park Place San Diego, 9449 Kearny Mesa Road San Diego, 7415 Clairemont Mesa Boulevard Santa Ana, 2800 N. Main Street Santa Monica, 2901 Main Street Santa Monica, 1030 Wilshire Boulevard Stevenson Ranch, 25289 The Old Road Temecula, 29588 Rancho California Road Tustin, 3089 Edinger Avenue Upland, 1943 North Campus Avenue Walnut, 22019 Valley Boulevard Westlake Village, 2755 Agoura Road The California closures are part of Starbucks CEO Brian Niccol’s “Back to Starbucks” strategy, which debuted in 2024.
Starbucks announced that its iconic “red cups” will return to stores. Starbucks In a letter to employees, Chief Operating Officer Mike Grams said Starbucks had identified locations where the company did not believe it could consistently deliver the experience it wanted for customers and partners or where it did not see a path to acceptable financial performance.
Starbucks plans to close 250 stores across the US and Canada in the coming days. The cuts represent roughly 1% of the company’s North American footprint.
The company is also taking a $300 million restructuring charge and launching a $1 billion restructuring and renovation effort.
Starbucks is on track to retrofit and “uplift” 1,500 existing North American coffeehouses by Sept. 30.
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Starbucks zavře 250 severoamerických poboček, protože část z nich nedosahuje přijatelných finančních výsledků. Firma čeká restrukturalizační náklady ve výši 300 milionů USD.
Starbucks plans to close 250 North American stores later this week.
It is the second big round of store closures under Starbucks Chairman and CEO Brian Niccol, who joined the company in 2024. Last September, Starbucks closed 627 stores in North America and Europe.
In a letter to employees, Starbucks Chief Operating Officer Mike Grams said the locations targeted either aren’t delivering acceptable financial results or can’t provide the kind of experience that Starbucks wants for customers and employees.
It is the second big round of store closures under Starbucks CEO Brian Niccol, who joined the company in 2024. REUTERS The company didn’t say Thursday which coffeehouses will close or how many are located in the US. It also didn’t say how many of the affected coffeehouses are unionized. More than 700 US Starbucks stores have voted to unionize since late 2021, but the union and the company have yet to reach a labor agreement.
Grams said Starbucks is continuing to retrofit its North American coffeehouses to make them cozier and more inviting. The company expects 1,500 stores will be retrofitted by Sept. 30, which is the end of Starbucks’ fiscal year.
“This progress has given us a clearer view of the performance of every coffeehouse,” Grams said in his letter. “While most are benefiting from this overall momentum, some coffeehouses continue to underperform despite the hard work and commitment of all of you.”
Grams said Starbucks is still committed to growing its store count in North America. At the end of June, the company had 18,371 stores in the region.
Starbucks said it will transfer employees to other stores if possible or provide severance support if it’s not able to place an employee in another location.
Starbucks is continuing to retrofit its North American coffeehouses to make them cozier and more inviting. Christopher Sadowski for NY Post Starbucks has also been cutting its corporate ranks. The company laid off 900 nonretail employees when it closed stores last September. In May, Starbucks laid off an additional 300 corporate employees and closed some underused US offices.
The company said it will incur $300 million in restructuring charges with this round of closures, including $200 million in cash charges as it exits leases and pays employee separation benefits and $100 million in non-cash charges due to the disposal and impairment of coffeehouse assets.
Starbucks zavře asi 250 podvýkonných kaváren v Severní Americe, tedy zhruba 1 % sítě. Firma zároveň snížila výhled čistých nových otevření pro fiskální rok 2026 na 440 z dřívějších 600 až 650.
Starbucks on Thursday announced it will close about 1% of its North American cafes as part of its turnaround.
Under CEO Brian Niccol, Starbucks has staged a revamp of its U.S. business that has focused on improving the customer experience, including in-person interactions at its cafes. The announcement marks the second round of closures in North America during Niccol's two-year tenure.
Starbucks expects to shutter about 250 underperforming cafes out of its more than 18,000 locations in North America. It was not immediately clear where the closing locations are.
"We have carefully reviewed our North America coffeehouse portfolio and identified locations where we do not believe we can consistently deliver the experience we want for customers and partners or where we don't see a path to acceptable financial performance," Mike Grams, Starbucks chief operating officer, wrote in a letter addressed to employees.
For fiscal 2026, Starbucks is now projecting net new openings of 440 cafes, down from its prior outlook of 600 to 650 locations. Those new cafes will come from its international markets.
"The Company continues to see significant longer-term growth opportunity ahead in North America and is actively developing a strong pipeline of new coffeehouses," Starbucks said in a regulatory filing.
Most of the closures will occur before the end of fiscal 2026, according to the filing. Starbucks' fiscal year ends later this month.
The company expects to incur about $300 million in restructuring charges related to the closures. About $200 million of that charge will be related to the costs of exiting leases early and paying employees separation benefits. The remaining $100 million will be noncash charges from the disposal and impairment of its company-owned restaurant assets.
Starbucks čeká, že digitální menu boardy budou do září ve zhruba 80–90 % poboček a podpoří odpolední tržby. V USA ve 3. čtvrtletí fiskálního roku 2026 rostly Refreshers dvouciferným tempem a srovnatelné tržby stouply o 7,9 %.
Key Takeaways Starbucks expects digital menu boards to reach roughly 80-90% of stores by September, supporting dayparting.Refreshers posted double-digit U.S. revenue growth in Q3 FY26 as Starbucks targets afternoon demand.Starbucks' food attach hit a Q3 record in U.S. company stores, with strongest gains in the afternoon. Starbucks Corporation (SBUX - Free Report) is expanding digital menu boards as part of its effort to strengthen the afternoon daypart under the Back to Starbucks strategy. The company expects the technology to reach roughly 80-90% of its stores by September, giving it greater flexibility to adjust merchandising by time of day and place greater emphasis on afternoon-focused offerings. Starbucks believes this dayparting capability is already helping support afternoon demand.
The opportunity is important because afternoon transaction growth still trails the morning, which remains Starbucks’ strongest daypart. The company is relying on a combination of beverages, food and improved store routines to broaden afternoon occasions. Refreshers are emerging as a key driver, with the platform delivering double-digit year-over-year U.S. revenue growth in the third quarter of fiscal 2026.
There are already signs that the afternoon business is gaining traction. U.S. comparable sales increased 7.9% in the third quarter, supported by a 4.2% rise in transactions and 3.6% growth in average ticket. Growth was broad-based across dayparts, while food attach reached a third-quarter record in U.S. company-operated stores, with the strongest gains occurring in the afternoon.
The digital rollout also fits with Starbucks’ wider effort to improve the in-store experience. Digital menu boards are being added as part of coffeehouse uplifts, allowing merchandising, store design and operating improvements to work together. Starbucks has also been refining throughput across drive-thru, cafe, mobile order pickup and delivery, which is important if higher afternoon demand is to translate into stronger sales rather than added congestion.
As the rollout approaches most of the store base, the key will be whether improved merchandising translates into more frequent afternoon visits. Combined with Refreshers, Matcha, food innovation and better store execution, digital menu boards could support Starbucks’ efforts to make the afternoon a more meaningful contributor to traffic and sales growth.
Starbucks’ Afternoon Push Faces Competition From MCD and BROSStarbucks’ effort to build a stronger afternoon business through digital menu boards, Refreshers and food innovation comes as other beverage-focused restaurant operators are also targeting incremental occasions beyond their traditional dayparts. McDonald’s Corporation (MCD - Free Report) is expanding its beverage platform across markets with crafted sodas, refreshers, cold coffee and energy drinks. Early results in the United States, Canada and Germany have exceeded expectations, with more than half of beverage traffic occurring after lunch. McDonald’s is also seeing strong food attachment and higher average checks on these orders, suggesting that beverages are helping create incremental later-day occasions.
Dutch Bros Inc. (BROS - Free Report) is similarly using beverage innovation and digital engagement to deepen customer frequency across the day. Its Myst Energy Refreshers have shown particular strength in the afternoon, while the company is also seeing usage expand into the morning. Dutch Bros has made Myst a permanent menu item after strong trial and repeat rates, reinforcing its broader strategy of using customizable energy beverages to create new occasions. More than 73% of transactions flowed through Dutch Rewards in the second quarter.
SBUX’s Price Performance, Valuation & EstimatesShares of Starbucks have gained 12.8% over the past year against the industry’s decline of 11.5%.
SBUX’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, SBUX trades at a forward price-to-earnings (P/E) multiple of 30.43, above the industry’s average of 20.48.
SBUX’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SBUX’s fiscal 2026 earnings per share (EPS) implies a year-over-year increase of 21.6%. EPS estimates for fiscal 2026 have increased in the past 60 days.
EPS Trend of SBUX Stock
Image Source: Zacks Investment Research
SBUX’s Zacks Rank
SBUX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Starbucks uzavřel s Floridou dohodu za 1 milion USD a celopodnikově se zavázal nepoužívat rasové ani genderové kvóty či preference při zaměstnávání. Dohoda ukončuje žalobu státu bez přiznání pochybení.
Starbucks will pay Florida $1 million and will not use race-and sex-based goals, quotas and preferences in employment practices companywide under a sweeping settlement ending the state’s civil rights lawsuit against the coffee giant.
Florida Attorney General James Uthmeier’s office confirmed to Fox News Digital that the agreement applies to all Starbucks operations nationwide, not just the company’s locations in Florida.
“Every Floridian deserves to be hired, promoted and compensated based on merit, qualifications and character — not race or sex,” Uthmeier told Fox News Digital. “This resolution ensures that Starbucks’ policies and practices fully comply with Florida’s civil rights laws. DEI can never be an excuse to violate civil rights.”
The negotiated resolution ends the lawsuit Uthmeier filed in December 2025 accusing Starbucks of violating the Florida Civil Rights Act through racial and sex-based goals, quotas and preferences in its workplace policies.
Under the agreement, Starbucks committed to complying with the state civil rights law, which prohibits race and sex-based preferences in hiring, promotions, pay, executive compensation, mentorship programs, supplier selection and board composition.
The company also agreed it will not participate in organizations that require it to increase the racial diversity of its board of directors.
The company agreed it will not participate in organizations that require it to increase the racial diversity of its board of directors. Alex Tai/SOPA Images/Shutterstock Starbucks’ chief legal officer will be required to submit annual certifications of the company’s continued compliance for four years. The company will also pay $1 million to the Florida Department of Legal Affairs to reimburse the office for the time, expenses and costs of bringing the case.
“We’re pleased to have resolved this matter without admission of wrongdoing and appreciate the constructive engagement of the Attorney General’s Office throughout this process,” Pilar Ramos, executive vice president and chief legal officer of Starbucks said.
“We will continue to focus on offering great jobs and career opportunities to our partners who wear the green apron, while making a positive impact on the communities we serve in Florida and around the world.”
The agreement includes no admission of liability or wrongdoing by Starbucks.
Florida Attorney General James Uthmeier speaks during the Governor DeSantis Leadership Forum at the TPepin’s Hospitality Centre in Tampa, Florida on September 1, 2026. Getty Images The settlement follows Uthmeier’s lawsuit, which alleged Starbucks had turned diversity, equity and inclusion initiatives into a system that discriminated based on race.
The December complaint pointed to goals Starbucks announced in 2020 to have people of color fill 40% of retail and manufacturing jobs and 30% of corporate positions by 2025.
It also alleged the company paid certain employees more than workers of other races with the same experience and skills and, before March 2024, tied executive bonuses to diversity goals.
For fiscal year 2024, the lawsuit alleged that bonus criteria included executives mentoring Black, Indigenous and other employees of color, holding monthly meetings with mentees and keeping retention among those workers above a stated threshold.
The complaint further alleged that Florida Starbucks employees and job applicants contacted the attorney general’s office and reported feeling excluded or humiliated because they were White Getty Images The complaint further alleged that Florida Starbucks employees and job applicants contacted the attorney general’s office and reported feeling excluded or humiliated because they were White. Uthmeier accused the company of “systemic discrimination” against workers it considered “non-diverse.”
“Starbucks made DEI more than a slogan,” Uthmeier said when the lawsuit was announced. “They turned it into a mandatory hiring and promotion system based on race.”
He said at the time that race-based hiring goals and executive bonuses tied to meeting them amounted to discrimination prohibited under Florida law.
The state initially sought $10,000 in damages for each alleged instance of racial discrimination against a Florida resident, an amount Uthmeier’s office said could have reached tens of millions of dollars or more. Starbucks operates more than 900 stores in Florida, according to the complaint.
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The effort began in 2024 under then-Florida Attorney General Ashley Moody, now a Republican U.S. senator, after she called for an investigation into the company’s hiring practices.
Florida was not the only state to challenge Starbucks’ DEI policies. Then-Missouri Attorney General Andrew Bailey filed a separate federal lawsuit in February 2025 alleging the company used race and sex-based hiring quotas and unlawfully tied executive pay to diversity targets.
A federal judge dismissed that case in February 2026, finding that Missouri had not identified a resident who was actually harmed by the policies. The state appealed the ruling.
Starbucks previously disputed Florida’s allegations, telling Fox News Digital after the lawsuit was filed that its programs and benefits were open to everyone and lawful.
“Our hiring practices are inclusive, fair and competitive and designed to ensure the strongest candidate for every job, every time,” a company spokesperson said at the time.
Fox News Digital’s Rachel del Guidice and Anders Hagstrom contributed to this report.
EDITOR’S NOTE: This story was updated to reflect Starbucks’ commitment to not using race-and sex-based goals, quotas and preferences in employment practices companywide.
Starbucks plánuje ve fiskálním roce 2026 otevřít 600–650 nových kaváren, přičemž tahounem růstu mají být mezinárodní trhy. V zahraničí ve 3. čtvrtletí přibylo 189 poboček a srovnatelné tržby vzrostly o 5,7 %.
Key Takeaways Starbucks plans 600-650 net new coffeehouses in fiscal 2026, with international markets a key contributor.International comparable sales rose 5.7% in Q3, while Starbucks added 189 net new locations overseas.About 90% of Starbucks' international portfolio is licensed after China shifted to a joint venture. Starbucks Corporation (SBUX - Free Report) is maintaining its plan to open approximately 600-650 net new coffeehouses in fiscal 2026, with international markets expected to provide a strong contribution. The expansion supports the company’s broader effort to capture white-space opportunities globally while becoming more disciplined about where and how it adds stores. Management believes Starbucks still has a long runway for coffeehouse growth in both North America and international markets.
International markets are emerging as an important pillar of this strategy. Starbucks ended the third quarter of fiscal 2026 with 22,933 international coffeehouses after adding 189 net new locations during the quarter. International company-operated comparable sales rose 5.7%, supported by a mix of transaction and ticket growth, with Japan contributing to the momentum.
The company is also shifting toward a more capital-efficient global expansion model. Following the transition of China to a joint venture, roughly 90% of Starbucks’ international portfolio is now managed through licensed structures. Management believes this approach can help scale the brand through local partners while maintaining greater financial discipline and reinforcing operating standards. China offers additional long-term white space, with the joint venture targeting up to 20,000 coffeehouses over time.
However, Starbucks is prioritizing disciplined expansion over simply increasing store count. Management has developed and tested new coffeehouse prototypes to support faster international unit growth while applying those learnings to U.S. development. North American company-operated unit growth may remain modest through fiscal 2027 as Starbucks strengthens its development pipeline, accelerates coffeehouse uplifts and addresses underperforming locations. Overall, the 600-650 planned openings could support global growth, particularly if international licensing and disciplined new-store development translate into sustainable expansion.
Starbucks’ Global Expansion Faces Competition From MCD and CMGStarbucks’ plan to open 600-650 net new coffeehouses in fiscal 2026 comes as major restaurant operators are also pursuing global unit expansion. McDonald’s Corporation (MCD - Free Report) is advancing one of the most aggressive development periods in its history. The company expects to open about 2,600 gross restaurants in 2026 and now targets 50,000 locations globally in 2028. At the same time, McDonald’s is emphasizing disciplined capital allocation and attractive returns on new restaurants, reflecting a focus on the quality of expansion rather than unit growth alone.
Chipotle Mexican Grill, Inc. (CMG - Free Report) is also broadening its international presence through a mix of company-owned and partner-operated development. Following its entry into Mexico, Chipotle plans additional openings in Monterrey and expansion into Mexico City in 2027. The company also expects to enter South Korea in 2026 and Singapore in early 2027, while expanding its presence in the Middle East. These initiatives support Chipotle’s longer-term ambition to develop a more global restaurant footprint.
SBUX’s Price Performance, Valuation & EstimatesStarbucks’ shares have gained 16.7% over the past year against the industry’s decline of 9.2%.
SBUX’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, SBUX trades at a forward price-to-earnings (P/E) multiple of 31.25, above the industry’s average of 20.96.
SBUX’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SBUX’s fiscal 2026 earnings per share (EPS) implies a year-over-year increase of 21.6%. EPS estimates for fiscal 2026 have increased in the past 60 days.
Image Source: Zacks Investment Research
EPS Trend of SBUX StockSBUX’s Zacks RankSBUX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Starbucks zvažuje prodej většinového podílu v japonském podnikání, které by mohl ocenit na zhruba 3 miliardy USD. Japonsko má 1 883 poboček a tvoří téměř 9 % globální sítě poboček.
SummaryCompaniesStarbucks Japan estimated to be valued at around $3 billion, two sources sayJapan business has 1,883 stores, nearly 9% of Starbucks global baseFormal process could begin in fourth quarter, source saysHONG KONG, Sept 16 (Reuters) - Starbucks Corp (SBUX.O), opens new tab is weighing the sale of a majority stake in its Japan business in a potential deal that could value the coffee chain's biggest overseas company-operated market at about $3 billion, two people with knowledge of the matter said.
The Japan operations of the world's largest coffeehouse chain span 1,883 stores and account for nearly 9% of its global footprint as of September 2025.
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Starbucks has solicited pitches from several financial advisers on options for the business and is open to selling a majority stake, the sources said, declining to be named as they were not authorised to speak to the media.
While Starbucks Japan's valuation is not public, the sources said the business could be worth around $3 billion.
The stake size of any eventual sale has yet to be determined, and the valuation Starbucks ultimately seeks will be subject to negotiations, said one of the sources.
"Starbucks Japan is a strong business, with deep brand affinity and trusted presence built over 30 years in the region," said a Starbucks spokesperson in an emailed response to Reuters' request for comment on the potential stake sale.
"We continually assess the best structure to be most meaningful to customers and create value for shareholders."
Bloomberg first reported in June Starbucks was considering options for its Japan business including a stake sale.
The potential sale comes as Starbucks reshapes its global portfolio under Chief Executive Brian Niccol, who has shuttered stores and cut corporate jobs in North America in a push to restore profitability.
ASSET SALES AND RESTRUCTURINGThe process to divest a majority stake in Starbucks' Japan business is expected to attract interest from global and local buyout firms, the sources said. A formal process could begin in the fourth quarter, one of them added.
Starbucks took full control of its Japan business in 2014, buying out long-time partner Sazaby League for about $914 million and valuing the operation at roughly $1.5 billion.
Since then, the business has expanded from around 1,050 stores to 1,883 outlets as of September 2025.
Analysts at TD Securities said in June that monetising the Japan unit would make strategic sense because the market is not central to Starbucks' brand and could allow management to sharpen its focus on reviving its core U.S. business.
Niccol's efforts to lure customers back through store upgrades and heavier marketing have helped stabilise demand but have also increased costs and pressured margins.
Its comparable store sales in the international segment grew 5.7% in the third quarter, with the company crediting Japan as a key driver.
Last year, Starbucks ceded control of its China operations to Boyu Capital in a deal valuing the business at $4 billion, underscoring the pressure from slowing growth and intensifying competition. The transaction closed in April.
The company said the total value of its China business - including proceeds from the sale, the value of its retained stake and likely licensing income over at least the next 10 years - would exceed $13 billion.
It is not immediately clear if the sale of the Japan business would follow the same structure.
A number of global buyout firms, including Carlyle Group (CG.O), opens new tab, EQT (EQTAB.ST), opens new tab, KKR (KKR.N), opens new tab and Bain Capital, were invited to bid for Starbucks China, Reuters reported at the time.
Reporting by Yantoultra Ngui, Kane Wu and Miho Uranaka; additional reporting by Sam Nussey and Anton Bridge in Tokyo; Editing by Sumeet Chatterjee, Louise Heavens and Shri Navaratnam
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Starbucks uzavřel na 96,52 USD, což je denní pokles o 2,57 % a horší výkon než širší trh. Před výsledky se očekává EPS 0,71 USD a tržby 9,27 miliardy USD.
In the latest trading session, Starbucks (SBUX - Free Report) closed at $96.52, marking a -2.57% move from the previous day. This move lagged the S&P 500's daily loss of 0.45%. On the other hand, the Dow registered a loss of 0.63%, and the technology-centric Nasdaq decreased by 0.78%.
The coffee chain's shares have seen a decrease of 8.2% over the last month, not keeping up with the Retail-Wholesale sector's loss of 5.39% and the S&P 500's loss of 1.99%.
Analysts and investors alike will be keeping a close eye on the performance of Starbucks in its upcoming earnings disclosure. The company is expected to report EPS of $0.71, up 36.54% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $9.27 billion, reflecting a 3.17% fall from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.59 per share and a revenue of $38.03 billion, indicating changes of +21.6% and +2.27%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Starbucks. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.11% upward. Starbucks is currently a Zacks Rank #3 (Hold).
Looking at valuation, Starbucks is presently trading at a Forward P/E ratio of 38.3. This signifies a premium in comparison to the average Forward P/E of 21.48 for its industry.
It's also important to note that SBUX currently trades at a PEG ratio of 1.74. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. SBUX's industry had an average PEG ratio of 1.77 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 162, placing it within the bottom 35% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Starbucks uvedl, že obrat je hotový: globální srovnatelné tržby ve 3Q vzrostly o 7,9 % a upravený EPS 0,85 USD překonal odhady o 30,79 %. Firma zároveň zvýšila celoroční výhled EPS na 2,55 až 2,65 USD.
Brian Niccol just declared the turnaround complete on national television, and the stock has already moved 30% to prove it. Before you buy into his confidence, there is one valuation reality and one unresolved risk that could flip the entire…
Brian Niccol sent an internal memo declaring that Starbucks (NASDAQ:SBUX | SBUX Price Prediction) is back, then took the same message to CNBC’s Squawk Box to make the case publicly.
His line: “The shine is back on Starbucks and the experience is back in our coffee houses, both for our customers and our partners are really owning the experience that they are providing to our customers every day.”
The operational evidence supports him. Global comparable sales rose 7.9% in fiscal Q3 2026, non-GAAP EPS of $0.85 beat estimates by 30.79%, and management raised full-year EPS guidance to $2.55 to $2.65.
CNBC noted shares are up roughly 9% since Niccol took over and nearly 30% since his hiring was announced. That gap tells you where the rerating happened. The question is whether you are buying a repair that is already priced in or a growth story that’s just starting.
What Broke, and What Actually Got Fixed Starbucks’ problems were operational: slow orders, thin staffing, and a store experience that had drifted toward transactions instead of hospitality.
Niccol’s answer was more labor hours, stronger service standards, and investment in physical stores. In his words: “We want to make sure that our partners have the right rosters, our partners are deployed correctly, our partners are given the support they need so that every customer experience really is a special moment, not a transaction, but a moment.”
The evidence is in the traffic. U.S. transactions grew 4.5% in Q3, food attach hit a Q3 record across U.S. company-operated stores, and non-GAAP operating margin expanded 430 basis points to 14.4%, though tariff refunds helped that number.
The trend is real across four quarters: comps went from barely positive in Q4 fiscal 2025 to 4%, then 6.2%, then 7.9%. You can see the acceleration in the Q3 earnings release.
Remodel Math Nobody Wants to Do The most concrete piece of the strategy is the store “uplift” program, and Niccol was specific.
He said the program is about nine months in and Starbucks has touched well over a thousand coffeehouses so far, with Brian Niccol targeting close to 1,500 or more by fiscal year-end.
Set that against the footprint. Starbucks ended Q3 with 41,304 stores globally, and the North American company-operated base alone is 18,371 coffeehouses. Even at 1,500 uplifts, most of the base is untouched.
That is a runway argument with years of execution still ahead. The remodel cycle, at roughly $150,000 per uplift, likely runs for years, which supports the fiscal 2027 case rather than closing it out.
Stock Price Versus the Repair Already Recognized Shares closed at $99.22 on September 10, up 22.8% over one year but down 6.44% over the past month.
Valuation is where enthusiasm meets math. The trailing P/E is 58x, and the forward P/E is 34x, against an analyst target of $112.23. Reuters framed the next test bluntly: investors now want fatter margins.
Revisions are pointing the right way. The fiscal 2026 EPS consensus has moved from $2.3824 ninety days ago to $2.5905, with 28 upward revisions and zero cuts in the past 30 days.
What is unresolved: the China divestiture to Boyu Capital changes the growth profile you are buying, shareholders’ equity sits at negative $7.67 billion, and a slip below mid-single-digit U.S. comps in fiscal 2027 would be a reason to reconsider.
Is SBUX Stock a Buy? Starbucks’ business is measurably better than it was a year ago. Four consecutive quarters of accelerating comps, positive transaction growth, and a raised guide are the substance behind Niccol’s memo.
The stock is a different question. Much of the announcement premium is already in; the forward multiple leaves little room for comp deceleration, and Q3 margin expansion leaned partly on tariff refunds that will not repeat.
Against peers like McDonald’s (NYSE:MCD) and Chipotle (NYSE:CMG), Starbucks trades at a premium without matching their return profile yet. The base is intact, the dividend is $0.62 quarterly with a 65-quarter streak, and the uplift runway is real.
The setup looks balanced. If shares revisit the low $90s and comps stay above 6%, the risk-reward improves; at current prices, the market has already priced in much of the turnaround.
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Key Takeaways Starbucks is using Refreshers, Matcha and new food offerings to build afternoon traffic.Refresher revenues grew double digits, aided by Energy Refreshers, Blue Coconut and Mango.Blended Refreshers and planned Spritzers add new ways to sustain customer engagement. Starbucks Corporation (SBUX - Free Report) is increasingly turning to the Refreshers platform to unlock afternoon traffic, a key growth opportunity under its Back to Starbucks strategy. The company’s third-quarter fiscal 2026 results suggest the strategy is gaining traction, although sustaining momentum will depend on continued innovation and execution.
U.S. comparable sales increased 7.9% in third-quarter fiscal 2026, supported by 4.2% transaction growth and 3.6% higher average ticket. While growth was broad-based across dayparts, management acknowledged that morning transactions remain the strongest, leaving significant room to build the afternoon occasion.
Refreshers emerged as an important catalyst. U.S. Refresher revenues grew at a double-digit rate year over year, with customizable Energy Refreshers, Blue Coconut and Mango helping attract customers at different times of day. CFO Cathy Smith highlighted Refreshers as an afternoon beverage occasion, alongside Matcha and new food offerings such as wraps.
Starbucks also sees differentiation through flavor, customization and its beverage craftsmanship. The company plans to test sparkling “Spritzers” and has already introduced blended Refreshers, creating additional avenues for customer engagement.
The opportunity is meaningful, but competition is intensifying as other quick-service restaurants expand their beverage offerings. Still, Starbucks’ improving store execution, stronger afternoon merchandising and expanding menu innovation provide reasons for optimism.
Refreshers Face Growing Competition From BROS and MCDStarbucks’ push to expand the afternoon daypart comes as competition in cold and customizable beverages intensifies. Dutch Bros Inc. (BROS - Free Report) is a particularly relevant rival, with a beverage-focused model built around customizable cold drinks, energy beverages and flavored refreshers. BROS’ strong positioning among younger consumers could make it a formidable competitor as Starbucks seeks to increase afternoon visits. Starbucks itself acknowledged that competitors are becoming more active in the refresher space, making differentiation through flavors, customization and beverage craftsmanship increasingly important.
McDonald’s Corporation (MCD - Free Report) also competes for afternoon beverage occasions through its expanding McCafé lineup and cold beverages. Although its core business is broader than Starbucks, the large restaurant footprint and value-oriented positioning give McDonald’s significant reach among consumers seeking convenient drinks and snacks.
For Starbucks, the advantage lies in its established Refreshers platform and continued innovation, including blended and sparkling variants. However, maintaining customer interest will require Starbucks to consistently refresh its offerings while converting beverage experimentation into repeat afternoon traffic.
SBUX’s Price Performance, Valuation & EstimatesStarbucks’ shares have gained 21.2% over the past year, while the industry declined 8.2%.
SBUX’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, SBUX trades at a forward price-to-earnings (P/E) multiple of 32.04, above the industry’s average of 21.49.
SBUX’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SBUX’s fiscal 2026 earnings per share (EPS) implies a year-over-year increase of 21.6%. EPS estimates for fiscal 2026 have increased in the past 60 days.
EPS Trend of SBUX Stock
Image Source: Zacks Investment Research
SBUX’s Zacks RankSBUX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Starbucks po dvou letech obratu zrychluje renovace kaváren a zlepšování zákaznického servisu. Ve fiskálním třetím čtvrtletí tržby ve stejných prodejnách stouply o 7,9 %.
Two years into Starbucks' turnaround, CEO Brian Niccol is prioritizing makeovers for the coffee chain's cafes and improving the customer experience as its sales rebound.
"Starbucks is back," Niccol said on CNBC's "Squawk Box" on Thursday.
Under Niccol's leadership, Starbucks has tried to win back coffee drinkers by returning its roots. The plan, called "Back to Starbucks," has emphasized improving the experience for both customers and baristas and reminding lapsed loyalists why they used to love the coffee chain.
The changes come as rivals have tried to appeal to coffee drinkers with lower prices and convenience.
The current stage of the turnaround focuses on improving its coffee houses. Niccol said more than 1,000 renovations have been completed over the last nine months, with thousands more planned for the next fiscal year.
Most of the makeovers focus on superficial touches, like adding more seating and softer lighting, with the goal of making the cafes more welcoming to customers. The changes bring back "the Starbucks vibe," according to Niccol.
Another key step is continuing to improve the customer experience. More than a year ago, the company began training baristas on its new "Green Apron Service" program, designed to create more positive interactions with customers. But Starbucks is aiming high, with an ambition to "be the world's greatest customer service company," Niccol wrote in a memo to employees on Thursday.
The Back to Starbucks strategy has begun to pay off for Starbucks. In the company's fiscal third quarter, its same-store sales rose 7.9%, lifted by strong performance in the U.S., its biggest market.
"As a result of this work, our business has made the turn," Niccol wrote in the company memo. "We have returned to growth, delivered positive global comps and improved margins. We have positioned Starbucks to perform for the long term."
Since Niccol was announced as Starbucks' next CEO in 2024, shares of the company have risen about 30%. The S&P 500 has climbed 42% over the same period.
Starbucks pod Niccolem zlepšuje tržby díky vyššímu zájmu zákazníků, ale za cenu tlaku na marže. Provozní marže ve 3. fiskálním čtvrtletí klesla na 12,9 % z 15,8 % ve stejném období před dvěma lety.
Brian Niccol's first two years at the helm of Starbucks (SBUX.O) have been a qualified success as his focus on store improvements and marketing has brought customers back to the world's largest coffeehouse chain.
The "Back to Starbucks" restructuring strategy, however, has raised costs and squeezed margins. For Niccol, who marks two years as CEO on Wednesday, it will be the next two years that could determine if he can translate that recovery into the sustainable profits investors are demanding.
Starbucks had posted three consecutive quarters of falling comparable sales when Niccol took the reins in September 2024, underscoring customer dissatisfaction with long wait times, promotions that missed the mark and a complicated menu.
The declines would continue for another three quarters before sales started to recover, rising to 7.9% in the fiscal third quarter ended June 28 and marking the fourth straight quarter of improvement.
Rather than prioritizing near-term margins, Niccol has emphasised customer satisfaction, a philosophy that has underpinned Starbucks' decision to spend hundreds of millions of dollars on additional staffing to reduce wait times, and store improvements aimed at restoring the coffeehouse atmosphere that had helped make Starbucks a global brand.
The strategy harks back to Niccol's playbook from his previous job as Chipotle Mexican Grill's (CMG.N) CEO. There, he acknowledged the chain's shortcomings and revived sales after its food-safety crisis, burnishing his reputation as a brand-centered executive.
Under him, Starbucks has also emphasized marketing efforts, such as the company's product placement recently in the movie "The Devil Wears Prada 2".
Shares popped 24% on the day Niccol's hiring was announced. They have risen 30% since, lagging the broader S&P 500 index's roughly 40% gain, but performing better than declines at peers like McDonald's (MCD.N) and Chipotle over the same period.
"You can look at all sorts of stock metrics, but if the customer's not happy, it's not relevant," said Jake Dollarhide, CEO of Longbow Asset Management, an investor in Starbucks. Dollarhide said he was skeptical of the turnaround as recently as six months ago, but has been won over by improvements in service time.
Those gains, however, have come at a cost. Starbucks has spent at least $500 million on labor investments as part of the reorganization, contributing to a decline in operating margin after Niccol took over.
As of the fiscal third quarter, operating margin was 12.9%, down from 15.8% in the same quarter two years earlier, according to LSEG data. The decline was steeper in North America — its largest market — where margin dropped to 13.6% from 21% in those periods.
"We will have to see if those investments pay off," said Brian Jacobsen, chief economic strategist of Annex Wealth Management.
A Starbucks spokesperson said in a statement the turnaround's investments in employees are "supporting sustained business momentum."
JOB CUTS, STORE CLOSURES
Niccol has already started laying the groundwork for the next phase, offering executives stock awards tied to cost-cutting targets through fiscal 2027.
Starbucks has closed hundreds of stores, including its once-celebrated Seattle roastery, and cut jobs at its corporate offices. In China, Starbucks sold control of its operations this year to revive growth in a market where low-cost rivals, including Luckin (LC0Ay.D), have gained market share.
The China deal is an example of Starbucks' corporate restructuring under Niccol that makes the brand "well positioned to convert stronger organic sales growth to profit growth," said Jim Sanderson, analyst at Northcoast Research.
But significant challenges remain. Starbucks has yet to reach a first labor contract with its U.S. barista union, which called for a consumer boycott in August.
The company has also faced scrutiny over its labor relations and abandoned an AI inventory-management system meant to help address persistent product challenges, though that has not dissuaded Wall Street.
"I'm impressed with how he takes full responsibility for his mistakes and is not afraid to pivot," Dollarhide said.
Starbucks oznámil nejsilnější podzimní start v historii, tažený návratem Pumpkin Spice Latte. Firma zároveň zvýšila celoroční výhled na růst srovnatelných tržeb v USA i globálně o 6 % a více.
The past couple of years have been filled with uncertainty for Starbucks (SBUX -1.28%) shareholders. The company delivered consistently higher financial and operating results -- and then the bottom dropped out. The combination of economic uncertainty and complacency drove tepid results, and the backlash was both swift and severe. Starbucks stock was punished, falling 32% over several months last year.
More recently, however, things are looking up. CEO Brian Niccol has engineered an impressive turnaround. Just last week, Starbucks reported the company's biggest-ever fall menu launch in North America.
Image source: Starbucks
It's the Great Pumpkin (Spice)In a press release, the company revealed that Aug. 25 marked the strongest fall launch day in Starbucks history. The record-setting day signaled the return of the company's perennial favorite -- the Pumpkin Spice Latte.
From the press release:
More than two decades after the Pumpkin Spice Latte debuted, it remains a seasonal icon, bringing customers together around familiar flavors, comforting rituals, and moments of connection.In addition to returning favorites like the Pumpkin Spice Latte and Pumpkin Cream Cold Brew, Starbucks unveiled the new Iced Pumpkin Cream Shaken Espresso, which was a hit with java fans. The company also introduced the Hedgehog Cake Pop, which "delivered record-breaking single-day sales for fall launch, making it Starbucks' top-selling fall cake pop ever."
While this might not seem like a big deal, this is the latest sign the coffee purveyor is back.
Last month, Starbucks announced the return of its fan-favorite Unicorn Frappuccino for a limited run. The special event drew customers in droves, as the company sold more than 2 million of the frosty beverages, fueling a record-setting weekend for Starbucks and the biggest Saturday sales day in company history.
A turnaround for the ages? Maybe...There's no denying that the comeback Niccol has engineered thus far has been nothing short of remarkable, but even he admits there's still more work to do. That said, Starbucks' most recent results are impressive.
For its fiscal 2026 third quarter (ended June 28), Starbucks delivered its fourth consecutive quarter of global same-store sales growth, after a seven-quarter drought. Comps increased 7.9%, driven by a 4.2% increase in transactions and a 3.5% increase in the average ticket. Revenue was down just 1% year over year to $9.3 billion, though that decline was partially due to the divestiture of its China operations. As a result, adjusted earnings per share (EPS) climbed 70% to $0.85.
Starbucks raised its full-year 2026 outlook and is now guiding for U.S. and global comps of 6% or more, up from its previous forecast for 5% growth issued just last quarter.
The company is on track for an impressive Q4, with a record-setting special promotion and a record fall menu launch. Investors will be watching closely to ensure this strategy continues to bear fruit, but things are looking positively caffeinated for Starbucks.
The stock is up 24% so far this year, nearly double the 12.75% return of the S&P 500. Starbucks is no longer a screaming bargain, selling for 34 times next year's expected sales. However, if Niccol's "Back to Starbucks" strategy continues to gain traction, that multiple might prove to be a bargain.
Federální odvolací soud zrušil většinu rozhodnutí NLRB proti Starbucks v kauze údajných protiodborových hrozeb. Potvrdil ale závěr, že firma nezákonně pohrozila odepřením mateřské dovolené těhotné zaměstnankyni.
A federal appeals court on Friday declined to enforce most of a National Labor Relations Board ruling that Starbucks (SBUX.O) illegally threatened employees with reprisals for trying to unionize and pretended it was surveilling attempts to organize.
In a 2-0 decision, the 5th U.S. Circuit Court of Appeals rejected claims that the coffee chain violated federal labor law when a Wichita, Kansas, store manager and assistant manager told employees they closed their hiring portal and reduced hours because of union or other protected activities.
The New Orleans-based court upheld a finding that Starbucks illegally threatened to deny maternity leave benefits to a pregnant employee if workers unionized.
A Starbucks spokesperson said the Seattle-based company was "encouraged" by the decision, and "remains committed to protecting our partners’ rights under the law, engaging directly with our partners, and ensuring our coffeehouses can operate safely and effectively." Starbucks refers to employees as partners.
The NLRB did not immediately respond to requests for comment.
Employees at more than 700 Starbucks stores have voted to join unions, and have filed hundreds of complaints with the NLRB accusing the company of illegal labor practices.
SECOND LEGAL VICTORY
Circuit Judge Stephen Higginson said statements about the hiring portal and store hours were not threats of reprisal because a hiring pause didn't appear to imperil employees' job security, while understaffing might have justified shorter hours.
He also said store manager Carmella Neri's statements that she knew about unionization discussions and that employees should keep in mind the impact of a successful vote were not coercive, saying the statements were not "out of the ordinary."
Higginson nonetheless found substantial evidence that the pregnant employee, Maia Cuellar-Serafini, could "reasonably feel" that union activities could reduce her benefits.
The court ruled two days after Starbucks persuaded the federal appeals court in Manhattan to reverse an NLRB finding that it illegally barred workers at a store in Manhattan's Meatpacking District from wearing t-shirts or multiple pins supporting a union.
That court said the NLRB failed to properly balance Starbucks' ability to present its preferred image to customers with employees' right to encourage unionizing.
Starbucks ve 3. čtvrtletí fiskálního roku 2026 splatil přibližně 1,8 mld. USD dluhu a snížil poměr zadlužení na 2,9násobek. Hotovost a investice činily 3,9 mld. USD a nevyužitá úvěrová kapacita 3 mld. USD.
Key Takeaways SBUX repaid about $1.8B of debt in Q3 FY26, reducing leverage to 2.9X and lowering quarterly interest expense.SBUX ended fiscal Q3 with long-term debt of $13.28B, down from $16.07B at the end of FY25.SBUX has $3.9B in cash and investments and $3B in borrowing capacity, supporting operations. Starbucks Corporation (SBUX - Free Report) is strengthening its balance sheet as it advances the Back to Starbucks strategy. In the third quarter of fiscal 2026, the company used a portion of the proceeds from its China transaction to repay approximately $1.8 billion of debt. This repayment reduced Starbucks’ leverage to 2.9 times, supporting its investment-grade profile.
In May 2026, Starbucks repurchased approximately $1.3 billion in aggregate principal amount of senior notes through cash tender offers. The repurchases covered five note series carrying stated interest rates ranging from 4.5% to 5.4% and maturities between 2028 and 2048. A separate $500 million note due in June 2026 was also no longer outstanding at quarter-end. Consequently, total long-term debt, including the current portion, declined to approximately $13.28 billion as of June 28, 2026, from $16.07 billion at the end of fiscal 2025.
Starbucks’ lower debt balance has begun to reduce quarterly financing costs. Fiscal third-quarter interest expense declined $8 million year over year, primarily driven by reduced debt balances. However, interest expense for the first nine months increased $14 million, mainly because of lower cross-currency interest-rate hedging savings, partly offset by the reduced debt balance. Upcoming long-term debt maturities total $1.5 billion in fiscal 2027, approximately $1.08 billion in fiscal 2028 and $1.75 billion in fiscal 2029.
The company ended the fiscal third quarter with $3.9 billion in cash and investments and $3 billion of available contractual borrowing capacity. Starbucks had no outstanding borrowings under its unsecured revolving credit facility or commercial paper program and remained in compliance with all applicable debt covenants.
Overall, lower leverage, substantial liquidity and unused borrowing capacity reinforce Starbucks’ financial flexibility. The company expects operating cash flows, existing cash and investments, and access to debt markets to fund its core operations and shareholder distributions for at least the next 12 months. These resources likely support continued business investment, debt repayment and cash returns to shareholders.
Peers Preserve Financial Flexibility Through Different ModelsDutch Bros Inc. (BROS - Free Report) is maintaining liquidity while funding its shop-development program. The company ended the second quarter of 2026 with approximately $699 million in total liquidity, comprising $268.6 million in cash and $430.6 million available under its revolving credit facility. BROS’ operating cash flow increased 55.3% year over year to $196.9 million during the first six months, while 2026 capital expenditures are projected at $350-$370 million. Total debt stood at $200.5 million, of which $170 million is scheduled to mature in 2030. Dutch Bros expects operating cash flow and access to its credit facility to cover debt service, lease obligations, working capital and required distributions for at least the next 12 months.
McDonald’s Corporation (MCD - Free Report) maintains financial flexibility supported by substantial cash generation and access to credit markets. The company generated $5.22 billion in operating cash flow during the first six months of 2026, exceeding capital expenditures by $3.7 billion. During the same period, McDonald’s made $581 million in long-term financing repayments, paid $2.64 billion in dividends and spent $1.25 billion on share repurchases. Long-term debt remained broadly stable at $39.86 billion compared with $39.97 billion at the end of 2025. Interest expense increased 6% year over year to $809 million during the first six months of 2026, primarily due to higher average interest rates and foreign-currency translation. For full-year 2026, McDonald’s expects interest expense to rise 4-6% year over year, mainly because of higher average interest rates.
SBUX’s Price Performance, Valuation & EstimatesShares of Starbucks have gained 20.5% in the past year against the industry’s 7.5% decline.
SBUX’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, SBUX trades at a forward price-to-sales (P/S) multiple of 3.07, below the industry’s average of 3.29.
SBUX’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SBUX’s fiscal 2026 earnings per share (EPS) implies a year-over-year increase of 21.1%. The EPS estimates for fiscal 2026 have increased in the past 60 days.
EPS Trend of SBUX Stock
Image Source: Zacks Investment Research
SBUX’s Zacks RankSBUX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Starbucks ve 3. fiskálním čtvrtletí zvýšil globální srovnatelné tržby o 7,9 % a provozní marži non-GAAP o 430 bazických bodů na 14,4 %. Dutch Bros ve 2. čtvrtletí tržby meziročně zvýšil o 32,5 % a otevřel 48 obchodů.
Key Takeaways SBUX is benefiting from stronger traffic, margin expansion and improving customer engagement.BROS is pursuing rapid shop growth, product innovation and digital engagement to expand its footprint.SBUX has outperformed BROS over the past year while trading at a lower forward P/E multiple. Starbucks Corporation (SBUX - Free Report) and Dutch Bros Inc. (BROS - Free Report) are benefiting from stronger customer traffic, but their investment cases differ sharply. Starbucks is seeking to convert its Back to Starbucks turnaround into sustained margin and earnings growth, while Dutch Bros is using rapid shop expansion, product innovation and digital engagement to extend its national footprint.
The latest results illustrate these contrasting growth models. In the fiscal third quarter, Starbucks generated 7.9% global comparable-sales growth and delivered significant non-GAAP margin expansion. In the second quarter, Dutch Bros delivered solid same-shop sales growth and opened 48 shops. The company also remains on track to add at least 185 system shops in 2026. Starbucks is driving a recovery across a mature global network, whereas Dutch Bros is scaling rapidly from a smaller base. Which coffee stock has the edge? Let’s analyze.
The Case for SBUX StockStarbucks’ Back to Starbucks turnaround is gaining traction. The company delivered its fourth consecutive quarter of positive global comparable sales in the third quarter of fiscal 2026, with global comps increasing 7.9%, led by transaction growth of more than 4%. U.S. comps also rose 7.9%, supported by a 4.2% increase in transactions and 3.6% ticket growth.
Green Apron Service remains central to the recovery. Better staffing, clearer operating routines and improved leadership stability are strengthening execution across the coffeehouse network. Starbucks achieved its targeted service times across every access point during the quarter despite higher transactions, while food availability improved to nearly 99% from roughly 89% a year earlier.
Customer engagement is also strengthening. Starbucks Rewards reached 35.8 million 90-day active U.S. members, with growth both sequentially and year over year. Refreshers generated double-digit U.S. revenue growth, while food attachment reached a fiscal third-quarter record. These trends are helping Starbucks expand beyond its core morning business and create additional afternoon occasions.
Coffeehouse uplifts provide another potential growth lever. Starbucks surpassed 1,000 North American uplifts during the quarter and raised its fiscal 2026 target to at least 1,500. Early results indicate transaction gains across access points, dayparts, formats and customer groups, supporting plans to accelerate the program further in fiscal 2027.
The turnaround is beginning to translate into stronger profitability. Consolidated non-GAAP operating margin expanded 430 basis points year over year to 14.4% in the fiscal third quarter. Starbucks also remains on track with its $2 billion gross cost-savings program through fiscal 2028 and reduced leverage to 2.9 times after repaying approximately $1.8 billion of debt.
However, some risks remain. North American company-operated unit growth could stay modest through fiscal 2027 as Starbucks redirects resources toward uplifts and addresses underperforming locations. Tougher traffic comparisons, continued consumer uncertainty and investments in technology and service could also temper the pace of earnings improvement.
The Case for BROS StockDutch Bros continues to deliver rapid growth through a combination of shop expansion, transaction gains and product innovation. Second-quarter 2026 revenues increased 32.5% year over year, while adjusted EBITDA rose 28%. Company-operated same-shop sales advanced 8.3%, driven by transaction growth of 3.4%, and system same-shop sales increased 5.8%.
The company’s development pipeline represents a central part of its growth case. Dutch Bros opened 48 shops during the quarter and remains confident in opening at least 185 system shops in 2026. Approximately 90% of the development pipeline required to reach 2,029 shops by 2029 has already been identified, providing meaningful visibility into future unit growth.
New-market performance has been encouraging. The Melrose Park shop in the greater Chicago area is pacing toward approximately $7 million in annualized sales, while shops in Atlanta, Charlotte and Tampa are performing meaningfully above initial expectations. A pipeline of more than 525 operator candidates, with an average tenure of nearly eight years, should help support this expansion.
Dutch Bros is also broadening customer occasions. The company completed the rollout of its new food program across approximately 750 system shops ahead of schedule, strengthening its morning offering. Myst Energy Refreshers generated strong trial and repeat rates and were added to the permanent menu, while Dutch Rewards accounted for more than 73% of transactions. Order Ahead reached approximately 16% of the transaction mix.
Dutch Bros recently completed the acquisition of the franchise rights and assets of 31 Phoenix-area locations, including one shop under development, expanding its company-operated presence in the market. Separately, the company agreed to acquire the real estate and related site assets of up to 65 Salad and Go locations. That transaction is expected to strengthen its development pipeline, with conversions planned for 2027.
However, Dutch Bros faces mounting cost pressures as it expands its shop base. Higher coffee prices and food-program expenses are pressuring product costs, while the shift toward build-to-suit leases is increasing occupancy expenses. At the midpoint of its 2026 guidance, Dutch Bros expects approximately 20 basis points of year-over-year net adjusted EBITDA margin pressure, reflecting higher coffee and occupancy costs, partly offset by adjusted SG&A leverage. More demanding transaction comparisons, reduced pricing and the anniversary of the food rollout are also expected to moderate same-shop sales growth in the second half.
How Do Estimates Compare for SBUX & BROS?The Zacks Consensus Estimate for Starbucks’ fiscal 2026 sales and EPS suggests year-over-year increases of 2.4% and 21.1%, respectively. In the past 60 days, earnings estimates for fiscal 2026 have increased 7.1%.
SBUX Earnings Estimate Trend
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The Zacks Consensus Estimate for Dutch Bros’ 2026 sales and EPS suggests year-over-year increases of 30.5% and 27.6%, respectively. In the past 60 days, earnings estimates for 2026 have increased 4.3%.
BROS Earnings Estimate Trend
Image Source: Zacks Investment Research
Price Performance & Valuation of SBUX & BROSStarbucks shares have gained 22.3% in the past year, outperforming the Zacks Retail – Restaurants industry’s fall of 6.7% and the S&P 500’s rise of 21.4%. Meanwhile, Dutch Bros shares have declined 30.5% over the same period.
Starbucks is trading at a forward 12-month price-to-earnings ratio of 34.99X, compared with the industry average of 22.86X. Dutch Bros’ forward 12-month P/E multiple stands at 46.97X.
Image Source: Zacks Investment Research
ConclusionOverall, Starbucks and Dutch Bros present compelling growth stories, supported by improving traffic, digital engagement and efforts to expand customer occasions. Starbucks benefits from margin recovery, upward earnings-estimate revisions and balance-sheet improvement, while Dutch Bros continues to advance its rapid shop expansion and deliver encouraging new-market productivity. However, SBUX’s improving profitability, stronger estimate-revision trend and lower forward P/E give it an edge here.
Both SBUX and BROS currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Allworth Financial LP acquired a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 217,253 shares of the coffee company’s stock, valued at approximately $22,201,000.
Several other large investors also recently modified their holdings of the company. Rachor Investment Advisory Services LLC bought a new stake in Starbucks in the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC bought a new position in Starbucks in the fourth quarter worth approximately $25,000. Phillip James Consulting Co. acquired a new stake in Starbucks in the fourth quarter valued at approximately $25,000. Meeder Asset Management Inc. acquired a new stake in Starbucks in the second quarter valued at approximately $25,000. Finally, Entrust Financial LLC bought a new stake in shares of Starbucks during the fourth quarter valued at approximately $26,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets SBUX has been the topic of a number of research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $115.00 target price (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. Raymond James Financial downgraded shares of Starbucks to an “outperform” rating in a research report on Monday, August 3rd. Wells Fargo & Company lowered shares of Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Piper Sandler restated an “overweight” rating and set a $110.00 price objective on shares of Starbucks in a report on Wednesday, April 29th. Finally, Compass Point began coverage on shares of Starbucks in a research note on Monday, August 3rd. They issued a “buy” rating on the stock. Nineteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $110.30.
View Our Latest Stock Report on Starbucks Starbucks Trading Up 0.4% Shares of Starbucks stock opened at $107.49 on Tuesday. The stock has a fifty day simple moving average of $104.57 and a 200 day simple moving average of $100.53. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51. The company has a market capitalization of $122.54 billion, a P/E ratio of 61.78, a price-to-earnings-growth ratio of 1.85 and a beta of 0.97.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The business had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. During the same period last year, the business earned $0.50 EPS. The business’s revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, analysts predict that Starbucks Corporation will post 2.64 EPS for the current year.
Starbucks Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is presently 142.53%.
Trending Headlines about Starbucks Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks’ coffee strategy is drawing renewed investor attention as management focuses on improving the customer experience, store performance and operational execution. Starbucks Coffee Strategy Draws Fresh Attention Positive Sentiment: The fall menu includes the return of a 23-year-old customer favorite along with nine new seasonal food and beverage items, providing a potential near-term traffic and sales catalyst. Starbucks Fall Menu 2026 Positive Sentiment: The limited-time Unicorn Frappuccino reportedly produced Starbucks’ biggest sales weekend ever and lifted traffic 28.5% versus a typical Saturday, supporting the case that innovative promotions can attract customers. Starbucks Unicorn Frappuccino Sales Positive Sentiment: Analyst commentary highlights SBUX’s roughly 27% year-to-date advance, stronger traffic, recovering margins and raised guidance. Recent earnings also exceeded expectations, with quarterly EPS of $0.85 versus a $0.66 consensus and revenue of $9.32 billion. Starbucks Stock Gains 27 Percent Year to Date Neutral Sentiment: Starbucks has received a consensus analyst rating of “Hold,” suggesting that improving fundamentals are currently balanced against the stock’s already strong rally and execution risks. Starbucks Consensus Hold Rating Negative Sentiment: At a premium valuation, SBUX could experience greater volatility if consumer spending weakens or investors reduce expectations for the turnaround. Higher input costs and broader consumer uncertainty remain key risks. High-Flying Stocks With Warning Signs Negative Sentiment: Starbucks plans to eliminate more than 200 positions at its Seattle headquarters and shift some roles to Nashville. The restructuring may improve efficiency, but the layoffs could signal ongoing cost and organizational pressure. Starbucks Seattle Headquarters Layoffs Insider Buying and Selling at Starbucks In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total value of $236,251.71. Following the completion of the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 6,687 shares of company stock valued at $681,663. 0.03% of the stock is owned by insiders.
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
Further Reading Five stocks we like better than Starbucks Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX – Free Report).
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Asset One Wealth Management LLC bought a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 13,704 shares of the coffee company’s stock, valued at approximately $1,440,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Investor s Fiduciary Advisor Network LLC bought a new position in shares of Starbucks in the 2nd quarter valued at about $312,000. Safeguard Investment Advisory Group LLC bought a new stake in shares of Starbucks during the second quarter worth approximately $212,000. Infrastructure Capital Advisors LLC bought a new stake in shares of Starbucks during the second quarter worth approximately $523,000. Cibc World Market Inc. acquired a new position in Starbucks in the second quarter valued at approximately $33,539,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Starbucks in the second quarter valued at approximately $6,087,000. Institutional investors own 72.29% of the company’s stock.
Analyst Upgrades and Downgrades SBUX has been the topic of a number of analyst reports. Morgan Stanley downgraded Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. BTIG Research reaffirmed a “buy” rating and set a $115.00 price objective on shares of Starbucks in a research note on Friday, July 31st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $115.00 price objective (up from $110.00) on shares of Starbucks in a report on Thursday, July 30th. DA Davidson increased their target price on Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Finally, BMO Capital Markets restated an “outperform” rating and set a $130.00 target price on shares of Starbucks in a report on Thursday, July 30th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Starbucks currently has a consensus rating of “Hold” and an average target price of $110.30.
View Our Latest Stock Analysis on SBUX Key Stories Impacting Starbucks Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Seasonal promotions are supporting the turnaround. Starbucks launched its fall menu and Pumpkin Spice Latte season, while the limited-time Unicorn Frappuccino reportedly generated the company’s highest sales weekend on record and lifted traffic 28.5% above a typical Saturday. New offerings, including the Blueberry Matcha Daily Fiber Bar, are also intended to drive visits and strengthen the “Back to Starbucks” strategy. Starbucks Unicorn Frappuccino drives biggest sales weekend ever Positive Sentiment: Analyst sentiment remains constructive. Baird initiated coverage with an Outperform rating and a $124 price target, implying additional upside based on expectations for improved traffic, margin recovery and continued execution of the turnaround. Starbucks has also reported better-than-expected recent earnings and maintained fiscal 2026 EPS guidance of $2.55–$2.65. Baird sees upside for Starbucks Neutral Sentiment: Corporate restructuring continues. Starbucks plans to eliminate more than 200 Seattle-area corporate positions and shift some roles to Nashville. The cuts could reduce costs and streamline operations, but they also highlight ongoing execution challenges and may create transition or morale risks. Starbucks is cutting more than 200 jobs Negative Sentiment: Labor conflict is the main near-term overhang. Starbucks Workers United is urging more than 12,000 unionized baristas and customers to boycott the chain during the Pumpkin Spice Latte launch until management reaches a contract agreement. The financial impact depends on participation, but a sustained boycott could undermine the traffic gains investors are watching and add reputational and labor costs. Starbucks union calls for boycott Starbucks Price Performance NASDAQ SBUX opened at $105.76 on Wednesday. The firm has a market cap of $120.57 billion, a P/E ratio of 60.78, a P/E/G ratio of 1.86 and a beta of 0.97. The stock’s 50-day moving average is $104.65 and its 200-day moving average is $100.59. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The business had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the firm earned $0.50 EPS. Starbucks’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities analysts anticipate that Starbucks Corporation will post 2.64 EPS for the current year.
Starbucks Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 142.53%.
Insider Activity at Starbucks In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock valued at $681,663 in the last 90 days. Insiders own 0.03% of the company’s stock.
About Starbucks (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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Ausdal Financial Partners Inc. ve 2. čtvrtletí koupila nový podíl ve Starbucks, konkrétně 6 078 akcií za zhruba 621 000 USD. Zároveň Starbucks oznámila čtvrtletní dividendu ve výši 0,62 USD na akcii.
Ausdal Financial Partners Inc. bought a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,078 shares of the coffee company’s stock, valued at approximately $621,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in shares of Starbucks by 86.5% during the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after purchasing an additional 81,952 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Starbucks by 47.0% in the second quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock worth $334,000 after purchasing an additional 1,164 shares during the period. Flow Traders U.S. LLC bought a new position in Starbucks in the 2nd quarter valued at about $288,000. Gamco Investors INC. ET AL grew its position in Starbucks by 92.8% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company’s stock valued at $479,000 after buying an additional 2,515 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in Starbucks by 7.6% during the 2nd quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company’s stock valued at $10,328,000 after buying an additional 7,978 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.
Key Stories Impacting Starbucks Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Analyst upgrade: Robert W. Baird upgraded Starbucks to “strong buy,” signaling confidence in the company’s turnaround prospects and potentially supporting investor sentiment. Zacks report Positive Sentiment: Fall menu and marketing: Starbucks launched its seasonal menu, including the Pumpkin Spice Latte, supported by advertising featuring Martha Stewart. The promotion could drive customer traffic and strengthen seasonal sales. Starbucks launches fall menu Pumpkin Spice Latte advertising Positive Sentiment: Property transactions: A corporate Starbucks drive-thru in Jacksonville, Florida, was included in a $6.9 million pair of net-lease deals. While not a material financial event for Starbucks, the transaction highlights ongoing investor demand for Starbucks-occupied properties. Starbucks net-lease transaction Neutral Sentiment: Valuation and operating backdrop: Starbucks recently exceeded quarterly earnings and revenue expectations, but revenue declined year over year. With a relatively high earnings multiple, investors may require sustained improvement from the company’s turnaround plan. Negative Sentiment: Union-led boycott: Starbucks Workers United called for a boycott tied to stalled contract negotiations, seeking $17 hourly wages and a contract covering more than 12,000 baristas. The action presents near-term traffic, sales and reputational risks. Starbucks union boycott Negative Sentiment: Consumer caution: Reports questioning whether consumers are rethinking coffee purchases raise concerns about traffic and demand, particularly if customers trade down or reduce premium beverage spending. Consumer caution report Negative Sentiment: Turnaround costs: Additional job cuts as Starbucks expands its roughly $2 billion overhaul may pressure near-term morale and execution, even though management expects restructuring to improve efficiency over time. Starbucks job cuts and turnaround Starbucks Stock Down 1.1% Shares of NASDAQ SBUX opened at $107.26 on Friday. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The company has a market cap of $122.28 billion, a price-to-earnings ratio of 61.64, a P/E/G ratio of 1.87 and a beta of 0.97. The business has a fifty day simple moving average of $104.95 and a 200-day simple moving average of $100.73. Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.Starbucks’s revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the business posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts expect that Starbucks Corporation will post 2.64 EPS for the current fiscal year.
Starbucks Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is 142.53%.
Insider Activity In related news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total value of $236,251.71. Following the completion of the sale, the chief executive officer owned 75,135 shares in the company, valued at approximately $7,963,558.65. This represents a 2.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $681,663 in the last quarter. 0.03% of the stock is owned by insiders.
Wall Street Analyst Weigh In SBUX has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $117.00 price target on shares of Starbucks and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Zacks Research downgraded Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Sanford C. Bernstein lowered Starbucks from an “outperform” rating to a “market perform” rating in a research note on Monday, August 3rd. TD Cowen reissued a “buy” rating on shares of Starbucks in a research note on Tuesday, August 18th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $130.00 target price on shares of Starbucks in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $110.30.
View Our Latest Stock Analysis on SBUX
About Starbucks (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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Starbucks zvýšil výhled zisku na fiskální rok 2026 na 2,55 až 2,65 USD na akcii po silnějších srovnatelných tržbách a maržích. Tržby za 3. čtvrtletí ale klesly o 1,4 % na 9,32 miliardy USD.
A month has gone by since the last earnings report for Starbucks (SBUX - Free Report) . Shares have added about 1.3% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Starbucks due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Starbucks Corporation before we dive into how investors and analysts have reacted as of late.
Starbucks Q3 Earnings Beat Estimates, Comp Sales RiseStarbucks Corporation reported mixed third-quarter fiscal 2026 results, with adjusted earnings beating the Zacks Consensus Estimate but net revenues missing the same.
Adjusted earnings of 85 cents per share topped the consensus estimate of 66 cents by 28.8% and increased 70% year over year. Net revenues of $9.32 billion missed the consensus mark of $9.44 billion by 1.22% and declined 1.4%. Global comparable store sales increased 7.9%, driven by transaction and ticket growth.
SBUX’s Margins Expand Despite Restructuring CostsStarbucks’ GAAP operating income increased 4.8% year over year to $980.4 million. GAAP operating margin expanded 60 basis points to 10.5%, supported by sales leverage and lower inflation paired with tariff refunds.
These benefits were partially offset by higher restructuring costs and labor investments largely tied to the “Back to Starbucks” plan. Restructuring and impairment expenses increased to $302.6 million from $20.8 million in the prior-year quarter.
On a non-GAAP basis, operating margin expanded 430 basis points year over year to 14.4%. Product and distribution costs declined 4.3%, while depreciation and amortization expenses decreased 15.4%. General and administrative expenses fell 11.6%.
Starbucks North America Gains on Higher TrafficNorth America remained Starbucks’ largest revenue contributor. Segment net revenues increased 6.8% year over year to $7.40 billion, primarily reflecting growth in company-operated store revenues.
Comparable store sales rose 8.1%, driven by a 4.5% increase in comparable transactions and a 3.5% rise in average ticket. The company attributed the improvement to higher delivery sales and strength in customer food attachment and beverage modifications.
North America’s operating income increased 9.8% to $1.01 billion from $918.7 million. Operating margin expanded 30 basis points to 13.6%, aided by sales leverage, lower inflation, tariff refunds and the comparison with Leadership Experience costs in 2025.
Higher restructuring expenses, labor investments supporting the company’s turnaround strategy and unfavorable product mix partly offset the segment’s profitability gains.
SBUX’s International Results Reflect China ShiftInternational segment net revenues declined 34.2% year over year to $1.32 billion. The decrease primarily reflected the conversion of Starbucks retail operations in China to a licensed joint venture model during the fiscal third quarter.
Comparable store sales grew 5.7%, supported by a 2.6% rise in transactions and a 3.1% increase in average ticket. Starbucks ended the quarter with 22,933 International stores, up 3% year over year.
International operating income declined 7.3% to $252.8 million. However, operating margin expanded 550 basis points to 19.1%, primarily benefiting from the transition of the China business to the licensed joint venture structure. Higher restructuring costs partly offset the margin improvement.
Starbucks’ Channel Development Business AcceleratesChannel Development posted strong fiscal third-quarter growth, with net revenues increasing 21.5% year over year to $587.9 million. This improvement was primarily driven by higher revenues from the Global Coffee Alliance.
Segment operating income increased 40.2% to $306.2 million from $218.4 million. Operating margin expanded 700 basis points to 52.1%, supported by tariff impacts, including refunds.
These benefits were partially offset by product mix shifts and lower income from the North American Coffee Partnership joint venture relative to segment revenue growth.
SBUX Strengthens Cash Position and Reduces DebtStarbucks ended the quarter with cash and cash equivalents of $3.45 billion, up from $3.22 billion at the end of fiscal 2025. Long-term debt declined to $11.78 billion from $14.58 billion.
During the first three quarters of fiscal 2026, operating activities generated $3.60 billion in cash. Capital expenditures totaled $887.8 million, while cash dividends paid amounted to $2.12 billion.
The company used a portion of the China transaction proceeds to repurchase approximately $1.3 billion of outstanding senior notes through tender offers. Starbucks declared a quarterly dividend of 62 cents per share, payable Aug. 28, 2026, to shareholders of record as of Aug. 14.
Starbucks Raises Fiscal 2026 Earnings OutlookStarbucks raised its fiscal 2026 outlook following stronger comparable-sales and margin performance. The company now expects full-year U.S. comparable store sales growth slightly above 6%, compared with its previous forecast of at least 5%. Global comparable store sales growth is projected to approach 6%, up from the earlier expectation of at least 5%.
For the fiscal fourth quarter, SBUX expects U.S. comparable store sales growth of at least 6.5%. Consolidated net revenues are projected to remain flat or increase slightly year over year, while non-GAAP operating margin is expected to exceed 11%. Previously, management had called for year-over-year non-GAAP operating margin improvement without providing a specific threshold.
The company raised its adjusted earnings guidance to $2.55-$2.65 per share from the prior range of $2.25-$2.45. Starbucks maintained its plan to open approximately 600-650 net new coffeehouses globally across company-operated and licensed businesses.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in fresh estimates.
VGM ScoresCurrently, Starbucks has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Starbucks has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerStarbucks belongs to the Zacks Retail - Restaurants industry. Another stock from the same industry, Cheesecake Factory (CAKE - Free Report) , has gained 8.7% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
Cheesecake Factory reported revenues of $1.03 billion in the last reported quarter, representing a year-over-year change of +7.7%. EPS of $1.44 for the same period compares with $1.16 a year ago.
For the current quarter, Cheesecake Factory is expected to post earnings of $0.85 per share, indicating a change of +25% from the year-ago quarter. The Zacks Consensus Estimate has changed +18.7% over the last 30 days.
Cheesecake Factory has a Zacks Rank #2 (Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.
Danica Pension Livsforsikringsaktieselskab ve 2. čtvrtletí koupila novou pozici ve společnosti Starbucks a získala 132 632 akcií za zhruba 13,554 milionu USD.
Danica Pension Livsforsikringsaktieselskab purchased a new position in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 132,632 shares of the coffee company’s stock, valued at approximately $13,554,000.
Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Starbucks in the 2nd quarter valued at $8,504,509,000. Norges Bank acquired a new position in shares of Starbucks in the fourth quarter valued at approximately $1,232,650,000. T. Rowe Price Investment Management Inc. increased its position in Starbucks by 65.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after acquiring an additional 7,725,547 shares during the period. Bank of New York Mellon Corp acquired a new stake in Starbucks in the second quarter valued at $779,790,000. Finally, Capital World Investors increased its stake in shares of Starbucks by 9.0% in the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after buying an additional 7,007,268 shares during the period. 72.29% of the stock is owned by institutional investors.
Starbucks Price Performance NASDAQ SBUX opened at $107.08 on Monday. The firm’s 50-day simple moving average is $104.45 and its two-hundred day simple moving average is $100.43. The company has a market cap of $122.07 billion, a PE ratio of 61.54, a price-to-earnings-growth ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. Starbucks’s revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.64 EPS for the current year. Starbucks Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio is 142.53%.
Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on the stock. BNP Paribas Exane lifted their target price on shares of Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a research note on Thursday, July 30th. Raymond James Financial lowered Starbucks to an “outperform” rating in a research report on Monday, August 3rd. Scotiabank lowered shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. TD Cowen reaffirmed a “buy” rating on shares of Starbucks in a report on Tuesday, August 18th. Finally, Robert W. Baird set a $124.00 target price on shares of Starbucks in a research report on Thursday, July 30th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $110.30.
View Our Latest Stock Report on Starbucks
More Starbucks News Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. Insiders Place Their Bets In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, the chief executive officer owned 75,135 shares in the company, valued at approximately $7,963,558.65. This trade represents a 2.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 6,687 shares of company stock valued at $681,663. 0.03% of the stock is owned by corporate insiders.
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
See Also Five stocks we like better than Starbucks VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
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Great Lakes Advisors v 2. čtvrtletí nově koupila 35 723 akcií Starbucks za zhruba 3,65 milionu USD. Firma zároveň pokračuje v restrukturalizaci a ruší více než 200 korporátních míst.
Great Lakes Advisors LLC acquired a new position in Starbucks Corporation (NASDAQ:SBUX – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 35,723 shares of the coffee company’s stock, valued at approximately $3,650,000.
A number of other institutional investors have also added to or reduced their stakes in SBUX. Vanguard Group Inc. boosted its stake in shares of Starbucks by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock valued at $9,634,523,000 after purchasing an additional 971,773 shares in the last quarter. Capital World Investors increased its holdings in Starbucks by 9.0% during the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after buying an additional 7,007,268 shares during the period. BlackRock Inc. bought a new position in Starbucks in the second quarter worth approximately $8,504,509,000. State Street Corp lifted its holdings in Starbucks by 0.7% during the fourth quarter. State Street Corp now owns 47,869,056 shares of the coffee company’s stock worth $4,031,053,000 after buying an additional 327,161 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Starbucks by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock worth $2,212,153,000 after buying an additional 225,168 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.
Key Stories Impacting Starbucks Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. Analyst Ratings Changes SBUX has been the topic of a number of recent research reports. Raymond James Financial downgraded Starbucks to an “outperform” rating in a research report on Monday, August 3rd. Sanford C. Bernstein lowered shares of Starbucks from an “outperform” rating to a “market perform” rating in a research report on Monday, August 3rd. Morgan Stanley cut shares of Starbucks from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. BNP Paribas Exane lifted their price objective on shares of Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a research report on Thursday, July 30th. Finally, Scotiabank lowered shares of Starbucks from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 14th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $110.30. View Our Latest Analysis on Starbucks
Insider Activity In related news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the transaction, the chief executive officer owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This trade represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $681,663 over the last three months. Company insiders own 0.03% of the company’s stock.
Starbucks Price Performance Shares of NASDAQ SBUX opened at $107.08 on Monday. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. The business’s 50 day moving average price is $104.45 and its 200 day moving average price is $100.43. The firm has a market cap of $122.07 billion, a P/E ratio of 61.54, a P/E/G ratio of 1.85 and a beta of 0.97.
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The company had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period last year, the firm posted $0.50 EPS. Starbucks’s revenue for the quarter was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, research analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current year.
Starbucks Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks’s dividend payout ratio is presently 142.53%.
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
Featured Articles Five stocks we like better than Starbucks VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX – Free Report).
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Compass Wealth Management LLC ve 2. čtvrtletí otevřela novou pozici ve Starbucks za zhruba 8,8 milionu USD. Starbucks zároveň oznámil EPS 0,85 USD, nad odhadem analytiků 0,66 USD, při tržbách 9,32 miliardy USD.
Compass Wealth Management LLC acquired a new position in Starbucks Corporation (NASDAQ:SBUX – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 86,114 shares of the coffee company’s stock, valued at approximately $8,800,000. Starbucks accounts for about 1.7% of Compass Wealth Management LLC’s portfolio, making the stock its 13th biggest holding.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC purchased a new position in Starbucks during the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks in the 4th quarter worth approximately $25,000. Phillip James Consulting Co. purchased a new stake in shares of Starbucks in the 4th quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new position in shares of Starbucks during the second quarter valued at approximately $25,000. Finally, Entrust Financial LLC bought a new position in shares of Starbucks during the fourth quarter valued at approximately $26,000. 72.29% of the stock is currently owned by institutional investors.
Insiders Place Their Bets In related news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This represents a 2.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 6,687 shares of company stock worth $681,663. 0.03% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth A number of equities analysts recently commented on the stock. Evercore reissued an “outperform” rating on shares of Starbucks in a research note on Thursday, July 30th. Robert W. Baird set a $124.00 target price on Starbucks in a report on Thursday, July 30th. Jefferies Financial Group assumed coverage on Starbucks in a research report on Thursday, May 14th. They set a “buy” rating on the stock. BTIG Research reiterated a “buy” rating and issued a $115.00 price target on shares of Starbucks in a report on Friday, July 31st. Finally, Melius Research set a $110.00 price target on Starbucks in a research report on Monday, August 3rd. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $110.30. View Our Latest Research Report on Starbucks
Starbucks Price Performance NASDAQ:SBUX opened at $107.08 on Monday. The stock has a market capitalization of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. The firm has a 50 day moving average of $104.45 and a 200 day moving average of $100.43.
Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.19. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts expect that Starbucks Corporation will post 2.64 EPS for the current year.
Starbucks Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 142.53%.
Starbucks News Summary Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. About Starbucks (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
See Also Five stocks we like better than Starbucks VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
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Aljian Capital Management LLC acquired a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 24,537 shares of the coffee company’s stock, valued at approximately $2,507,000. Starbucks makes up approximately 0.5% of Aljian Capital Management LLC’s portfolio, making the stock its 25th biggest holding.
Other hedge funds have also modified their holdings of the company. Sunbelt Securities Inc. increased its stake in Starbucks by 1.0% in the 1st quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock worth $849,000 after purchasing an additional 97 shares in the last quarter. Webster Bank N. A. lifted its stake in Starbucks by 7.8% during the second quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company’s stock valued at $143,000 after buying an additional 101 shares in the last quarter. Nilsine Partners LLC boosted its holdings in shares of Starbucks by 1.0% in the second quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock worth $1,026,000 after buying an additional 101 shares during the period. Beta Wealth Group Inc. increased its position in shares of Starbucks by 1.7% in the second quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company’s stock worth $635,000 after acquiring an additional 102 shares in the last quarter. Finally, Elgethun Capital Management increased its position in shares of Starbucks by 9.4% in the second quarter. Elgethun Capital Management now owns 1,219 shares of the coffee company’s stock worth $125,000 after acquiring an additional 105 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Starbucks Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. Starbucks Price Performance Shares of SBUX opened at $107.08 on Friday. The business’s 50-day moving average is $104.45 and its 200-day moving average is $100.36. The company has a market capitalization of $122.07 billion, a price-to-earnings ratio of 61.54, a P/E/G ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51. Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same period last year, the company posted $0.50 earnings per share. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities research analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.
Starbucks Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks’s dividend payout ratio (DPR) is 142.53%.
Insider Activity In other news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 6,687 shares of company stock worth $681,663. Company insiders own 0.03% of the company’s stock.
Wall Street Analysts Forecast Growth Several equities research analysts recently commented on SBUX shares. Melius Research set a $110.00 price target on shares of Starbucks in a research report on Monday, August 3rd. Piper Sandler reiterated an “overweight” rating and set a $110.00 price objective on shares of Starbucks in a research report on Wednesday, April 29th. DA Davidson lifted their price objective on shares of Starbucks from $102.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Scotiabank downgraded shares of Starbucks from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 14th. Finally, Evercore restated an “outperform” rating on shares of Starbucks in a report on Thursday, July 30th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $110.30.
Check Out Our Latest Analysis on SBUX
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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Auxano Advisors LLC ve druhém čtvrtletí nově nakoupila 26 685 akcií Starbucks za zhruba 2,727 milionu USD. Podíl tvoří asi 0,5 % portfolia fondu Auxano Advisors LLC.
Auxano Advisors LLC bought a new stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 26,685 shares of the coffee company’s stock, valued at approximately $2,727,000. Starbucks accounts for about 0.5% of Auxano Advisors LLC’s investment portfolio, making the stock its 28th largest position.
Several other hedge funds also recently added to or reduced their stakes in the business. Jefferies Financial Group Inc. increased its stake in shares of Starbucks by 94.5% in the 4th quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company’s stock valued at $7,938,000 after purchasing an additional 45,794 shares in the last quarter. Swiss Life Asset Management Ltd boosted its position in Starbucks by 20.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 518,405 shares of the coffee company’s stock worth $43,655,000 after purchasing an additional 87,926 shares in the last quarter. Norges Bank purchased a new position in Starbucks during the fourth quarter worth approximately $1,232,650,000. Brighton Jones LLC grew its holdings in Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after purchasing an additional 81,952 shares during the period. Finally, Parkside Investments LLC acquired a new stake in Starbucks in the fourth quarter valued at approximately $842,000. 72.29% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth A number of analysts have recently commented on the company. Morgan Stanley cut Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $115.00 price target (up from $110.00) on shares of Starbucks in a research note on Thursday, July 30th. Needham & Company LLC set a $120.00 price target on shares of Starbucks in a report on Tuesday. Wells Fargo & Company cut shares of Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Finally, UBS Group increased their price objective on shares of Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Starbucks currently has an average rating of “Hold” and an average price target of $110.30.
Read Our Latest Analysis on SBUX Key Headlines Impacting Starbucks Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. Insiders Place Their Bets In related news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares in the company, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,687 shares of company stock worth $681,663 in the last quarter. Insiders own 0.03% of the company’s stock.
Starbucks Stock Performance Shares of SBUX opened at $107.08 on Friday. The stock has a 50 day moving average price of $104.45 and a 200 day moving average price of $100.36. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The stock has a market capitalization of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97.
Starbucks (NASDAQ:SBUX – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The company had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter last year, the firm posted $0.50 EPS. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current year.
Starbucks Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is currently 142.53%.
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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Bank of New York Mellon Corp purchased a new position in Starbucks Corporation (NASDAQ:SBUX – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,630,782 shares of the coffee company’s stock, valued at approximately $779,790,000. Bank of New York Mellon Corp owned 0.67% of Starbucks at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Leeward Financial Partners LLC purchased a new position in shares of Starbucks in the second quarter worth about $994,000. Centric Wealth Management acquired a new stake in Starbucks in the 2nd quarter valued at about $269,000. Private Advisory Group LLC purchased a new position in Starbucks in the 2nd quarter worth approximately $579,000. ABN AMRO Bank N.V. purchased a new position in Starbucks during the second quarter worth about $832,000. Finally, Kelleher Financial Advisors purchased a new position in Starbucks during the second quarter worth about $53,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.
Insiders Place Their Bets In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. The trade was a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 6,687 shares of company stock valued at $681,663. Company insiders own 0.03% of the company’s stock.
Starbucks Trading Up 3.0% Shares of SBUX opened at $107.08 on Friday. The stock’s fifty day simple moving average is $104.45 and its 200 day simple moving average is $100.36. The firm has a market capitalization of $122.07 billion, a P/E ratio of 61.54, a price-to-earnings-growth ratio of 1.79 and a beta of 0.97. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51. Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.66 by $0.19. The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. Starbucks’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Sell-side analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current year.
Starbucks Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. Starbucks’s payout ratio is currently 142.53%.
Analyst Upgrades and Downgrades Several analysts have recently weighed in on the stock. Wedbush initiated coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “outperform” rating for the company. Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a report on Monday, July 20th. JPMorgan Chase & Co. lifted their price objective on shares of Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $126.00 target price on shares of Starbucks in a research note on Thursday, July 30th. Finally, Melius Research set a $110.00 target price on Starbucks in a report on Monday, August 3rd. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $110.30.
Get Our Latest Analysis on SBUX
More Starbucks News Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. Starbucks Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
Recommended Stories Five stocks we like better than Starbucks Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX – Free Report).
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ABN AMRO Bank N.V. ve 2. čtvrtletí koupila nový podíl ve Starbucks za zhruba 832 000 USD, když nabyla 8 161 akcií. Starbucks zároveň oznámila restrukturalizaci a ruší více než 200 firemních pozic.
ABN AMRO Bank N.V. purchased a new stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,161 shares of the coffee company’s stock, valued at approximately $832,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks in the 4th quarter valued at $25,000. Phillip James Consulting Co. purchased a new position in Starbucks in the 4th quarter worth about $25,000. Cornerstone Financial Management LLC acquired a new stake in Starbucks during the 4th quarter worth about $25,000. Entrust Financial LLC acquired a new stake in Starbucks during the 4th quarter worth about $26,000. Finally, Financial Freedom LLC lifted its stake in Starbucks by 296.2% during the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock valued at $28,000 after buying an additional 234 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.
Starbucks News Roundup Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations. Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment. Starbucks Trading Up 3.0% Shares of Starbucks stock opened at $107.08 on Friday. The company’s fifty day simple moving average is $104.45 and its 200-day simple moving average is $100.36. The company has a market cap of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.79 and a beta of 0.97. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. Starbucks (NASDAQ:SBUX – Get Free Report) last announced its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. Starbucks’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, research analysts forecast that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.
Starbucks Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. Starbucks’s payout ratio is presently 142.53%.
Wall Street Analyst Weigh In SBUX has been the topic of a number of recent analyst reports. BTIG Research restated a “buy” rating and set a $115.00 price target on shares of Starbucks in a report on Friday, July 31st. Wedbush began coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “outperform” rating for the company. The Goldman Sachs Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Starbucks in a research note on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $126.00 target price on shares of Starbucks in a report on Thursday, July 30th. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $110.30.
View Our Latest Research Report on SBUX
Insider Activity at Starbucks In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the transaction, the chief executive officer owned 75,135 shares of the company’s stock, valued at approximately $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $681,663 over the last three months. 0.03% of the stock is currently owned by corporate insiders.
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
Featured Stories Five stocks we like better than Starbucks Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX – Free Report).
Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.
Starbucks letos vzrostl o 25 %, zatímco Dutch Bros klesl o 18 %. Přesto Dutch Bros dál rychleji roste: tržby za posledních 12 měsíců stouply o 29 % a provozní zisk o 35 %.
Starbucks (SBUX +1.64%) stock is up 25% year to date, reflecting the business's improving momentum this year under CEO Brian Niccol, who took over in 2024. Meanwhile, Dutch Bros (BROS +0.84%) stock has fallen 18% as of this writing. That gap stands out, especially because Dutch Bros remains the faster-growing coffee business in terms of revenue and profits.
The underperformance doesn't look justified and could be an opportunity for investors, since Dutch Bros appears to offer a longer growth runway.
Image source: Getty Images.
Starbucks is executing a solid comeback Starbucks' trailing-12-month revenues grew by 4.5% year over year in its fiscal third quarter, which ended June 28, but higher costs have weighed on profitability. Trailing-12-month operating income grew by just 2.5% as the company absorbed turnaround-related costs such as investments to improve service, as well as the impact of higher coffee prices.
Still, Niccol's strategy appears to be working. Global comparable-store sales have accelerated for four straight quarters, and climbed 7.9% year over year in fiscal Q3.
Those improvements are being driven by higher visit frequency. The company has the benefit of a massive loyal customer base, as evidenced by its 35 million-plus Starbucks Rewards members. Management said brand affinity, customer consideration, and purchase intent are at five-year highs.
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Dutch Bros continues to perform at a high level Dutch Bros' trailing-12-month revenue grew 29% year over year. Even better, operating profit rose 35%, showing the company is scaling profitably as it opens more shops across the U.S.
It just delivered its eighth straight quarter of transaction growth and its 13th consecutive quarter of positive comparable-store sales growth. Company-operated same-shop sales rose 8.3% year over year, with systemwide same-shop sales up 5.8%.
Dutch Bros trades at a lower valuation relative to growth Dutch Bros shares trade at a forward price-to-earnings ratio of 52, which is high, but that valuation is supported by analysts' consensus long-term earnings growth estimate of 32% annually.
Starbucks trades at a forward P/E of 41, but analysts expect its earnings to grow by only 19% annually. That gives Dutch Bros the lower price/earnings-to-growth (PEG) ratio of 1.63, compared to Starbucks' 2.15. The PEG comparison shows that investors are getting more value for Dutch Bros' higher expected earnings growth rate than for Starbucks.
A lower PEG ratio sets up the potential for stronger long-term shareholder returns. Dutch Bros currently has 1,225 shops open, but it believes its addressable market can support 7,000 shops. Management believes it is on a path to expand to 2,029 locations by 2029.
Both are solid businesses that can deliver returns. But Dutch Bros' 18% share price decline this year doesn't appear to match either the company's fundamentals or the growth it has ahead.
Bridgewater Advisors Inc. purchased a new stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,815 shares of the coffee company’s stock, valued at approximately $599,000.
Several other institutional investors also recently modified their holdings of the business. Norges Bank bought a new position in Starbucks during the 4th quarter worth $1,232,650,000. T. Rowe Price Investment Management Inc. grew its position in shares of Starbucks by 65.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after buying an additional 7,725,547 shares during the last quarter. Capital World Investors grew its position in shares of Starbucks by 9.0% in the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after buying an additional 7,007,268 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Starbucks by 146.6% in the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after buying an additional 3,596,014 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in shares of Starbucks by 483.8% during the second quarter. Assenagon Asset Management S.A. now owns 3,182,890 shares of the coffee company’s stock worth $325,260,000 after acquiring an additional 2,637,715 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.
Insider Buying and Selling In other news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, the chief executive officer owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock valued at $681,663 over the last ninety days. Company insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In SBUX has been the topic of several analyst reports. Sanford C. Bernstein cut Starbucks from an “outperform” rating to a “market perform” rating in a report on Monday, August 3rd. BMO Capital Markets restated an “outperform” rating and issued a $130.00 price target on shares of Starbucks in a research report on Thursday, July 30th. Citigroup upped their price objective on shares of Starbucks from $108.00 to $112.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Stephens began coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an “overweight” rating on the stock. Finally, Melius Research set a $110.00 price target on shares of Starbucks in a research report on Monday, August 3rd. Nineteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Starbucks currently has an average rating of “Hold” and an average price target of $110.30. View Our Latest Research Report on Starbucks
More Starbucks News Here are the key news stories impacting Starbucks this week:
Positive Sentiment: Starbucks reported strong recent operating momentum: global comparable sales increased 7.9% in fiscal third-quarter 2026, while revenue reached approximately $9.3 billion. The trends could support the company’s fiscal 2026 earnings outlook and reflect progress from investments in its coffeehouses. Can Starbucks’ Solid Comps Growth Support Stronger FY26 Earnings? Positive Sentiment: A promotional return of the Unicorn Frappuccino helped produce a record sales weekend, suggesting that limited-time products and brand engagement can continue to drive customer traffic. Starbucks Just Landed the Biggest Weekend in the Company’s History Neutral Sentiment: Investor comparisons with McDonald’s and Chipotle show that restaurant-stock performance in 2026 has favored companies undergoing structural change. Starbucks’ valuation remains elevated, making sustained sales and earnings improvement important for further upside. Which Restaurant Stock Has Dominated in 2026: McDonald’s, Chipotle, or Starbucks? Negative Sentiment: Starbucks is eliminating more than 200 corporate positions as part of its restructuring and approximately $2 billion cost-reduction effort. The cuts include technology, store design and construction, and coffeehouse development roles; 120 Seattle-based employees reportedly face separation after declining relocation to the new Nashville office. The company said the reductions do not involve cafe closures, but the announcement is raising concerns about disruption and turnaround execution. Starbucks Laying Off More Than 200 Workers in Streamlining Drive Starbucks Trading Down 0.9% SBUX opened at $103.99 on Friday. The company has a fifty day moving average price of $104.37 and a two-hundred day moving average price of $100.32. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51. The company has a market cap of $118.55 billion, a P/E ratio of 59.76, a price-to-earnings-growth ratio of 1.81 and a beta of 0.97.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The company had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the business posted $0.50 EPS. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, research analysts forecast that Starbucks Corporation will post 2.64 EPS for the current fiscal year.
Starbucks Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s dividend payout ratio is presently 142.53%.
Starbucks Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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Starbucks ruší více než 200 korporátních míst v rámci pokračující restrukturalizace pod vedením Briana Niccola. Část zaměstnanců odmítla přesun ze Seattlu do Nashvillu.
Starbucks is laying off over 200 corporate workers as it moves forward with the turnaround strategy that it began two years ago under CEO Brian Niccol.
The coffee giant on Thursday published a layoff notice under the WARN Act, clarifying plans to cut over 200 corporate roles after it previously disclosed plans to reduce the corporate workforce by about 300 jobs.
The WARN filing indicated that about 120 of the employee separations are associated with workers from its support team focused on designing and developing coffeehouses who declined the opportunity to relocate from Seattle, Washington, to Nashville, Tennessee.
Additionally, about 104 cuts are organizational changes resulting from restructuring plans detailed in May.
STARBUCKS' TURNAROUND PLAN SHOWS PROMISE IN US AS SALES GROWTH RETURNS FOR FIRST TIME IN 2 YEARS
Starbucks submitted a filing with details about over 200 job cuts. (Mostafa Bassim/Anadolu via Getty Images)
The expected date of the first separations will be Oct. 19, 2026, with all completed by Nov. 1, 2026.
Starbucks indicated the organizational changes aren't altering the company's coffeehouse strategy, and it is moving forward with its "third place experience" of uplifting coffeehouses and expanding and developing its portfolio.
The filing represents the last component of Starbucks' remaining organizational changes from the restructuring announced in May so that it can focus on improving the experience at its coffeehouses and those of its employee partners and customers, according to the company.
STARBUCKS TO CLOSE STORES, CUT JOBS AS PART OF TURNAROUND STRATEGY
Ticker Security Last Change Change % SBUX STARBUCKS CORP. 103.99 -0.99 -0.94% The company is building a new regional corporate office in Nashville that comes with a price tag of $100 million and will house about 2,000 employees, though it is keeping its headquarters in Seattle.
After Niccol took the helm at Starbucks in September 2024, becoming the company's third CEO in a two-year period, he put the company on a turnaround plan to spur more business in coffeehouses.
STARBUCKS CEO SAYS COFFEE CHAIN IS 'AHEAD OF SCHEDULE' IN MAJOR TURNAROUND EFFORT AFTER ONE YEAR
Starbucks CEO Brian Niccol is pursuing a turnaround strategy at the coffee giant. (Eugene Gologursky/Getty Images for Fast Company)
The plan has featured efforts to redesign interiors to encourage customers to linger, along with "personal touches," like writing names on cups and serving drinks in mugs.
It's also working to ensure proper staffing at stores, streamlining mobile orders, letting customers handle their own condiments and committing to having all drinks ready in four minutes or less.
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Last year, Starbucks moved to close some underperforming stores and cut 900 non-retail partner roles, while also freezing many open positions as it restructured.
Daiwa Securities Group zvýšila ve 2. čtvrtletí podíl ve Starbucks o 6,2 % na 324 620 akcií. Starbucks zároveň oznámila EPS 0,85 USD a tržby 9,32 miliardy USD, obojí nad odhady.
Daiwa Securities Group Inc. raised its position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 6.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 324,620 shares of the coffee company’s stock after buying an additional 18,861 shares during the period. Daiwa Securities Group Inc.’s holdings in Starbucks were worth $33,173,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the company. Rachor Investment Advisory Services LLC purchased a new stake in shares of Starbucks during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new position in Starbucks during the 4th quarter valued at about $25,000. Phillip James Consulting Co. bought a new position in Starbucks during the 4th quarter valued at approximately $25,000. Entrust Financial LLC purchased a new stake in Starbucks in the 4th quarter worth approximately $26,000. Finally, Tucker Asset Management LLC purchased a new stake in Starbucks in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.
Insider Buying and Selling at Starbucks In related news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total value of $236,251.71. Following the completion of the transaction, the chief executive officer directly owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $681,663 over the last ninety days. 0.03% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades A number of equities analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Piper Sandler reaffirmed an “overweight” rating and issued a $110.00 target price on shares of Starbucks in a research report on Wednesday, April 29th. Stifel Nicolaus set a $117.00 target price on Starbucks and gave the company a “buy” rating in a research note on Wednesday, May 6th. Stephens began coverage on Starbucks in a research report on Thursday, May 14th. They set an “overweight” rating on the stock. Finally, TD Cowen reiterated a “buy” rating on shares of Starbucks in a report on Tuesday. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $110.30. Check Out Our Latest Report on SBUX
Starbucks Price Performance Shares of NASDAQ:SBUX opened at $104.98 on Thursday. The business has a fifty day moving average price of $104.33 and a 200-day moving average price of $100.23. The company has a market capitalization of $119.68 billion, a PE ratio of 60.33, a PEG ratio of 1.83 and a beta of 0.97. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The company had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. Starbucks’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, sell-side analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.
Starbucks Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is 142.53%.
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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Key Takeaways SBUX posted 7.9% global comps growth, with higher traffic and spending driving stronger sales and earnings.Starbucks raised FY26 EPS guidance to $2.55-$2.65 as margins expanded and cost savings supported results.Starbucks expects U.S. comps to grow over 6%, while easing coffee prices could ease margin pressure. Starbucks Corporation (SBUX - Free Report) enters the final quarter of fiscal 2026 with stronger comparable sales and earnings trends. Global comparable sales rose 7.9% in the fiscal third quarter, while net revenues reached $9.3 billion. EPS increased 70% year over year to 85 cents. The improvement was supported by higher customer traffic and spending, giving the company a stronger base for earnings growth.
The U.S. business provides a key base for this growth. Comparable sales increased 7.9%, driven by a 4.2% rise in transactions and a 3.6% improvement in average ticket. Food attach reached a quarterly record across U.S. company-operated stores, while delivery and product modifications supported ticket growth. The balanced contribution from traffic and ticket growth gives the company a stronger foundation for earnings as comparable sales improve.
Starbucks’ stronger comparable sales also supported margin expansion. Consolidated operating margin expanded 430 basis points to 14.4%, while North America margin increased 280 basis points year over year. Sales leverage, operational improvements and cost savings helped offset investments in Green Apron Service and menu innovation. The company also reduced G&A expenses by about 20%, with the decline supported by cost savings, the China business deconsolidation and the comparison with higher leadership-related expenses in fiscal 2025.
Starbucks raised its fiscal 2026 expectations following the stronger performance. U.S. comparable sales are projected to grow a little more than 6%, while global comparable sales are expected to approach 6%. Consolidated operating margin guidance was raised to above 11%, and EPS guidance increased to $2.55-$2.65. Starbucks also expects coffee price pressure to ease in the fiscal fourth quarter, which could reduce a previous drag on margins.
The earnings trajectory will depend on whether Starbucks can maintain comparable sales growth while preserving the margin gains achieved in the third quarter. The company remains on track with its $2 billion cost-savings plan through fiscal 2028. Sales leverage and cost savings could support earnings as comparable sales grow. However, the company expects continued variability in the broader consumer environment, making traffic growth an important factor for fiscal fourth-quarter performance.
SBUX’s Price Performance, Valuation & EstimatesShares of Starbucks have gained 18.5% in the past year against the industry’s 7.3% decline. In the same time frame, other industry players like Dutch Bros Inc. (BROS - Free Report) and McDonald's Corporation (MCD - Free Report) have declined 23% and 14.7%, respectively.
SBUX’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, SBUX trades at a forward price-to-sales (P/S) multiple of 3.06, below the industry’s average of 3.09. Conversely, industry players, such as Dutch Bros and McDonald's, have P/S multiples of 3.43 and 6.5, respectively.
SBUX’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SBUX’s fiscal 2026 earnings per share has increased in the past 30 days.
EPS Trend of SBUX Stock
Image Source: Zacks Investment Research
The company is likely to report strong earnings, with projections indicating a 21.1% rise in fiscal 2026. Conversely, industry players like McDonald's are likely to witness an increase of 5.6%, year over year, in 2026 earnings. Meanwhile, Dutch Bros’ 2026 earnings are likely to witness a rise of 27.6% year over year.
SBUX currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Ghe LLC cut its holdings in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 90.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,249 shares of the coffee company’s stock after selling 29,645 shares during the quarter. Ghe LLC’s holdings in Starbucks were worth $332,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks during the 4th quarter worth approximately $25,000. Phillip James Consulting Co. acquired a new position in shares of Starbucks during the 4th quarter valued at $25,000. Cornerstone Financial Management LLC bought a new position in Starbucks during the fourth quarter worth $25,000. Entrust Financial LLC bought a new position in Starbucks during the fourth quarter worth $26,000. Finally, Financial Freedom LLC grew its holdings in Starbucks by 296.2% in the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares during the period. 72.29% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades SBUX has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starbucks in a research note on Monday, July 20th. Wells Fargo & Company cut shares of Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Melius Research set a $110.00 target price on Starbucks in a research note on Monday, August 3rd. UBS Group boosted their target price on Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, TD Cowen reiterated a “buy” rating on shares of Starbucks in a report on Tuesday. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.30.
Get Our Latest Stock Report on Starbucks Starbucks Trading Down 1.8% SBUX opened at $106.01 on Wednesday. The company’s fifty day moving average price is $104.21 and its two-hundred day moving average price is $100.15. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51. The company has a market cap of $120.85 billion, a price-to-earnings ratio of 60.93, a PEG ratio of 1.86 and a beta of 0.97.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business’s revenue was down 1.4% on a year-over-year basis. During the same period last year, the company earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities analysts forecast that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.
Starbucks Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a $0.62 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.3%. Starbucks’s dividend payout ratio (DPR) is presently 142.53%.
Insider Transactions at Starbucks In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 6,687 shares of company stock worth $681,663. 0.03% of the stock is currently owned by insiders.
About Starbucks (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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