Welcome to our dedicated page for Starbucks news (Ticker: SBUX), a resource for investors and traders seeking the latest updates and insights on Starbucks stock.
Starbucks Corporation (Nasdaq: SBUX) is widely recognized by the company as the premier roaster and retailer of specialty coffee, with more than 40,000 stores worldwide. The Starbucks news feed on Stock Titan brings together company-issued updates and market-moving announcements that help investors and followers of SBUX understand how the business is evolving.
Starbucks regularly publishes earnings releases that detail quarterly and full-year financial results, including comparable store sales, segment performance in North America, International and Channel Development, and updates on its "Back to Starbucks" transformation strategy. These releases often discuss store openings or closures, restructuring actions and the performance of key markets such as the United States and China.
Investors can also follow capital allocation news, as Starbucks frequently announces Board-approved quarterly cash dividends on its common stock and provides context on its dividend history and capital allocation philosophy. Other recurring topics in Starbucks news include joint ventures and partnerships, such as the agreement with Boyu Capital to form a joint venture for Starbucks retail operations in China, and brand partnerships like becoming the Official Coffee Partner of the LA28 Olympic and Paralympic Games and Team USA.
Company communications further highlight flagship store openings, such as the Spain flagship coffeehouse inside Real Madrid’s Santiago Bernabéu Stadium in Madrid, and governance updates, including changes to bylaws and Board appointments. By following the SBUX news page, readers can track how Starbucks describes its strategic priorities, international expansion, restructuring efforts and dividend decisions over time.
Starbucks CEO Kevin Johnson will retire on April 4, 2022, after 13 years with the company. He has served as CEO for the past five years and will continue as a consultant until September. The Board is searching for his successor, with Howard Schultz appointed as interim CEO during this transition. Johnson's tenure saw significant growth in Starbucks' digital initiatives and community-focused strategies. Schultz, the company's founder, returns to guide the company through this leadership change while also aiding in the search for a permanent successor.
Starbucks Corporation (NASDAQ: SBUX) is set to hold its Annual Meeting of Shareholders on March 16, 2022, at 10:00 a.m. PT. The meeting will be conducted virtually and accessible via investor.starbucks.com. Shareholders eligible to vote must have held shares by the record date of January 6, 2022. Voting requires a control number found on proxy materials. A replay of the meeting will be available on the website until September 16, 2022.
Starbucks has been a leading specialty coffee retailer since 1971, operating over 34,000 stores globally.
Starbucks reported Q1 fiscal 2022 net revenues of $8.1 billion, up 19% year-over-year, driven by a 13% increase in global comparable store sales. U.S. comparable sales surged 18%, with EPS at $0.69, reflecting a 30% increase. Despite strong demand, the company faced challenges from inflation and increased COVID-19-related costs. The global store count reached 34,317, including over 5,500 stores in China. Active U.S. Starbucks Rewards memberships grew 21% to 26.4 million.
Starbucks Corporation (SBUX) is set to announce its first quarter fiscal year 2022 financial results on February 1, 2022, after market close. A conference call will be held at 2:00 PM PT, accessible via the company's website. A replay will be available until March 4, 2022. Since its founding in 1971, Starbucks has grown to nearly 34,000 stores globally, focusing on ethically sourced, high-quality coffee and customer experience.
Starbucks Corporation (NASDAQ: SBUX) has announced a cash dividend of $0.49 per share of common stock. This dividend is set to be paid on February 25, 2022, to shareholders of record as of February 11, 2022. The decision reflects Starbucks' ongoing commitment to returning value to shareholders while maintaining its position as a leading specialty coffee retailer with approximately 34,000 stores globally.
Starbucks (SBUX) reported a strong Q4 fiscal 2021, with consolidated net revenues rising 31% to a record $8.1 billion, driven by a 17% increase in global comparable store sales. U.S. comparable store sales grew 22%, reflecting strong consumer demand. GAAP EPS reached $1.49, while non-GAAP EPS was $1.00. The company plans to return $20 billion to shareholders through dividends and share repurchases over the next three years. Active Starbucks Rewards membership in the U.S. neared 25 million, up 28% year-over-year.
Starbucks has announced a historic investment plan to enhance employee wages and experiences, with average hourly pay for U.S. partners aimed to reach nearly
Starbucks Corporation (NASDAQ: SBUX) has announced an increase in its quarterly cash dividend from $0.45 to $0.49 per share, marking the eleventh consecutive annual dividend hike. This increase will be effective for the dividend payment scheduled on November 26, 2021, for shareholders of record on November 12, 2021. The annual dividend now totals $1.96 per share. Starbucks has consistently raised its dividend since initiating it in 2010.
Starbucks Corporation (SBUX) will announce its Q4 and fiscal year 2021 financial results on
Starbucks reported robust Q3 fiscal 2021 results, with global comparable store sales soaring 73% and consolidated net revenues reaching $7.5 billion, a 78% increase year-over-year. The Americas segment saw 84% growth in comparable store sales, driven by a surge in transactions. The company opened 352 new stores, ending with a total of 33,295 globally. GAAP EPS rose to $0.97 from a loss of $0.58 last year. Full-year guidance was raised, projecting revenues between $29.1 billion and $29.3 billion. The Board declared a cash dividend of $0.45 per share, payable on August 27, 2021.