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Starbucks News (NASDAQ:SBUX)

DateTimeSource
Headline
07/22/20163:03AMDJNStarbucks Cuts Sales Forecast -- WSJ
By Maria Armental Starbucks Corp. on Thursday blamed political and social unrest at home and abroad for disappointing results in Europe and the U.S. that resulted in its third consecutive sales-target miss. Company executives called the quarter an "anomaly," citing terror concerns around the world along with... More...>>
07/21/20169:31PMDJNStarbucks Blames Social Unrest After It Misses Third Straight Sales Target -- Update
By Maria Armental Starbucks Corp. on Thursday blamed political and social unrest at home and abroad for disappointing results in Europe and the U.S. that resulted in its third consecutive sales-target miss. Company executives called the quarter an "anomaly," citing terror concerns around the world along with... More...>>
07/21/20165:30PMDJNStarbucks Adjusts Sales Targets After Third Straight Miss
Starbucks Corp. on Thursday revised its projections for the year as sales in the June quarter again fell short of expectations, dragged down by its European operations. Shares, down 4% this year, fell 3% to $55.80 in after-hours trading. The Seattle-based coffeehouse chain, which has missed analysts' sales targets... More...>>
07/21/20165:08PMDJNStarbucks Adjusts Sales Targets After Third Straight Miss
By Maria Armental Starbucks Corp. on Thursday revised its projections for the year as sales in the June quarter again fell short of expectations, dragged down by its European operations. Shares, down 4% this year, fell 3% to $55.80 in after-hours trading. The Seattle-based coffeehouse chain, which has missed analysts'... More...>>
07/21/20164:04PMBWStarbucks Reports Record Q3 Financial and Operating Results
GAAP EPS Up 24% to a Q3 Record $0.51 Per Share; Non-GAAP EPS Up 17% to a Record $0.49 Per Share Comparable Store Sales Rise 7% in China, 4% in the U.S. and 4% Globally Revenues Up 7% to Q3 Record $5.2 Billion; Operating Income Up 9% to a Q3 Record $1.0 Billion Channel Development Revenues Increase 9%; Operating Income... More...>>
07/18/20165:06PMDJNStarbucks Widens Workers' Health-Insurance Options -- Update
By Julie Jargon and Anna Wilde Mathews Starbucks Corp. on Monday became one of the most high-profile employers to switch its employees to a private health insurance exchange. Instead of the one health insurer and three medical coverage levels they have now, U.S. employees -- from Chief Executive Howard Schultz to store... More...>>
07/18/201611:40AMDJNStarbucks Widens Workers' Health-Insurance Options
Starbucks Corp. said it would be offering employees new health-insurance choices as part of an effort to make the coffee chain a more attractive employer. The company on Monday is expected to announce details of a plan to offer U.S. employees who work 20 hours or more a week the chance to shop for health insurance on a... More...>>
07/18/201611:29AMDJNStarbucks Widens Workers' Health-Insurance Options
By Julie Jargon and Anna Wilde Mathews Starbucks Corp. said it would be offering employees new health-insurance choices as part of an effort to make the coffee chain a more attractive employer. The company on Monday is expected to announce details of a plan to offer U.S. employees who work 20 hours or more a week the chance... More...>>
07/14/20163:01AMBWStarbucks Bringing Leading Italian Artisan Bakery and Food Purveyor Princi to Customers Worldwide
Princi to become the exclusive food offering in all new Starbucks Roastery locations including Shanghai and New York; will be fully integrated into all new Starbucks Reserve-only stores starting in 2017 Starbucks joins global investment team, Milan-based Angel Lab and Pekepan Investments, to expand footprint of standalone... More...>>
07/13/20169:10PMDJNCravath, Swaine & Moore Names Faiza Saeed as Presiding Partner
Venerable New York law firm Cravath, Swaine & Moore LLP is shifting the ranks of its senior leadership, installing a woman in its top position for the first time in its nearly 200-year history. Cravath's partners on Wednesday elected top deal maker Faiza Saeed as the firm's new presiding partner. Ms. Saeed... More...>>
07/13/20166:30PMDJNStarbucks Invests in High-End Italian Bakery Princi
Starbucks Corp. is partnering with a luxury Italian bakery in an effort to move more upscale. The coffee giant has made an investment in high-end Italian bakery and pizzeria Princi that allows it to develop and operate all new Princi locations outside of Italy, including in the U.S., and to offer Princi baked goods in... More...>>
07/13/20166:07PMDJNStarbucks Invests in High-End Italian Bakery Princi
By Julie Jargon Starbucks Corp. is partnering with a luxury Italian bakery in an effort to move more upscale. The coffee giant has made an investment in high-end Italian bakery and pizzeria Princi that allows it to develop and operate all new Princi locations outside of Italy, including in the U.S., and to offer Princi... More...>>
07/12/20163:20PMDJNStarbucks Raises Prices on Some Drinks -- Update
By Joshua Jamerson Starbucks Corp. said Tuesday that customers at many of its U.S. stores will pay as much as 30 cents more for certain beverages as prices for raw coffee have climbed amid rising operating expenses. Starbucks customers will pay 10 cents to 20 cents more for certain sizes of brewed coffee, and 10 cents... More...>>
07/12/20168:30AMDJNCEO Dimon: J.P. Morgan to Raise Pay for Employees
J.P. Morgan Chase & Co. will boost pay for 18,000 of its lower-tier employees over the next three years, its chief executive, James Dimon, announced Tuesday in an op-ed appearing on the New York Times website. Mr. Dimon said the bank will raise minimum pay for affected employees to between $12 to $16.50 an hour, the... More...>>
07/12/20167:50AMDJNStarbucks Raises Prices on Some Drinks
Starbucks Corp. said Tuesday that customers at many of its U.S. stores will pay as much as 30 cents more for certain beverages, causing the average customer ticket to increase by about 1%. Starbucks customers will pay 10 cents to 20 cents more for certain sizes of brewed coffee, and 10 cents to 30 cents more on espresso... More...>>
07/12/20167:37AMDJNStarbucks Raises Prices on Some Drinks
By Joshua Jamerson Starbucks Corp. said Tuesday that customers at many of its U.S. stores will pay as much as 30 cents more for certain beverages, causing the average customer ticket to increase by about 1%. Starbucks customers will pay 10 cents to 20 cents more for certain sizes of brewed coffee, and 10 cents to 30 cents... More...>>
07/11/20163:07PMDJNStarbucks to Raise Wages Up to 15%
By Joshua Jamerson Starbucks Corp. will give many employees in its U.S. stores a raise this year, a move that comes as a tightening labor market has put pressure on some U.S. companies to boost wages. The Seattle-based coffee chain said that effective October 3, employees in its company-operated stores will receive an... More...>>
07/11/201611:20AMDJNStarbucks to Raise Wages
Starbucks Corp. will boost compensation by as much as 15% for employees in many of its U.S. stores this year through higher base pay and stock awards. The Seattle-based coffee chain said that effective October 3, employees in its company-operated stores will receive an increase in base pay of 5% or more. The pay increase... More...>>
07/11/201611:08AMDJNStarbucks to Raise Wages Up to 15%
By Joshua Jamerson Starbucks Corp. will boost compensation by as much as 15% for employees in many of its U.S. stores this year through higher base pay and stock awards. The Seattle-based coffee chain said that effective October 3, employees in its company-operated stores will receive an increase in base pay of 5% or more... More...>>
07/06/20164:05PMBWStarbucks Announces Q3 FY16 Results Conference Call
Starbucks Corporation (NASDAQ: SBUX) plans to release its third quarter fiscal year 2016 financial results after the market close on Thursday, July 21, 2016, with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast and can be accessed on the company’s website: http://investor.starbucks.com... More...>>
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