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 reports news on a global coffeehouse business built around company-operated and licensed stores, specialty coffee beverages, responsibly sourced arabica coffee, and a growing consumer-packaged goods presence. Recurring updates cover comparable store sales, store count trends in the U.S. and China, North America, International and Channel Development performance, and the company’s Back to Starbucks operating initiatives.
Company announcements also address quarterly dividends, senior note tender offers, shareholder meetings, partner compensation programs, recycling and packaging initiatives, and the completed China retail joint venture in which Starbucks retained a minority interest while continuing as owner and licensor of the Starbucks global brand.
Starbucks (NASDAQ: SBUX) has announced the election of two prominent business leaders, Dr. Dambisa Moyo and Marissa Mayer, to its Board of Directors, effective June 25, 2025. Dr. Moyo, co-founder of Versaca Investments and former Goldman Sachs executive, brings over 30 years of macroeconomic expertise. Mayer, founder of Sunshine AI and former Yahoo! CEO, contributes significant consumer technology experience.
Both directors will support Starbucks' Back to Starbucks strategy, focusing on brand strengths while embracing digital innovation. They join nine other board members, bringing the total to eleven directors under Chairman and CEO Brian Niccol's leadership.
Starbucks reported mixed Q2 fiscal 2025 results with consolidated net revenues up 2% to $8.8 billion. The company faced challenges as global comparable store sales declined 1%, with U.S. sales down 2%. However, international markets showed resilience with a 2% increase.
Key financial metrics include:
- GAAP EPS: $0.34 (down 50% year-over-year)
- Non-GAAP EPS: $0.41 (down 40%)
- Operating margin contracted to 6.9% (GAAP) and 8.2% (non-GAAP)
The company's "Back to Starbucks" strategy is showing early progress despite challenges. Store expansion continued with 213 net new stores, reaching 40,789 globally. Notable developments include the appointment of Cathy Smith as CFO and a reduction of 1,100 support roles. The company maintained its dividend commitment, declaring $0.61 per share for Q2.
Starbucks (NASDAQ: SBUX) has issued a warning to shareholders regarding an unsolicited 'mini-tender' offer from Tutanota The offer seeks to purchase up to 500,000 shares (approximately 0.04% of outstanding shares) at $88.00 per share, with conditions that could result in shareholders receiving below-market value.
The company strongly recommends shareholders reject the offer due to multiple concerning conditions, including that the closing stock price must exceed the offer price and Tutanota's need to obtain financing. The offer is set to expire on May 12, 2025, unless extended or terminated earlier.
Starbucks emphasizes it has no affiliation with Tutanota or this offer, noting that mini-tender offers (seeking less than 5% of shares) avoid many SEC disclosure requirements and investor protections that apply to larger tender offers.
Starbucks (NASDAQ: SBUX) has scheduled the release of its second quarter fiscal year 2025 financial results after market close on Tuesday, April 29, 2025. The company will host a conference call at 2:00 p.m. Pacific Time, which will be webcast with closed captioning available on the investor relations website.
The webcast replay will remain accessible on the company's website until June 13, 2025. Starbucks, established in 1971, currently operates more than 40,000 stores worldwide and maintains its position as the world's premier roaster and retailer of specialty coffee.
Starbucks (NASDAQ: SBUX) has announced a quarterly cash dividend of $0.61 per share of outstanding Common Stock. The dividend will be payable on May 30, 2025, to shareholders of record on May 16, 2025.
The company, which operates more than 40,000 stores worldwide, maintains its position as the premier roaster and retailer of specialty coffee globally. The announcement demonstrates Starbucks' continued commitment to delivering shareholder value through regular dividend payments.
Monumental Sports & Entertainment (MSE) has appointed AJ Jones II as Executive Vice President, Chief Strategic and Corporate Communications Officer. Jones, who will report directly to CEO Ted Leonsis, joins MSE from Starbucks (NASDAQ: SBUX), where he served as Executive Vice President and Chief Corporate Affairs Officer.
In his new role, Jones will oversee MSE's brand and corporate narrative, lead financial and investor communications, and manage stakeholder engagement strategies. At Starbucks, he led global communications, partner communications, social media, investor relations, and various other initiatives including the Starbucks Foundation.
Jones brings extensive international experience, having worked in multiple countries including Hong Kong, South Africa, and the United Kingdom. He is actively involved in several prestigious organizations including the Washington Economic Club and Executive Leadership Council.
Starbucks (NASDAQ: SBUX) has announced its 2025 Annual Meeting of Shareholders, scheduled for Wednesday, March 12, 2025, at 10:00 a.m. Pacific Time. The meeting will be conducted in a virtual format, accessible through the company's investor relations website.
Shareholders of record as of January 10, 2025, or those holding legal proxies, are eligible to vote at the meeting. Participants must enter their control number found on their proxy materials to vote. A replay will be available on the company's website until September 12, 2025.
Starbucks, established in 1971, has grown to operate more than 40,000 stores worldwide and maintains its position as the world's premier roaster and retailer of specialty coffee, focusing on ethically sourced, high-quality arabica coffee.
Starbucks (NASDAQ: SBUX) reported Q1 FY2025 financial results with flat consolidated net revenues of $9.4 billion compared to the prior year. The company faced challenges with global comparable store sales declining 4%, driven by a 6% decrease in transactions, partially offset by a 3% increase in average ticket.
Key metrics include: EPS of $0.69 (down 23% year-over-year), operating margin contracted 390 basis points to 11.9%, and 377 net new stores opened, reaching a total of 40,576 stores globally. U.S. Starbucks Rewards membership grew to 34.6 million active members, up 1% year-over-year.
The company is implementing its "Back to Starbucks" strategy, focusing on store partner wages, benefits, and customer experience improvements. Notable changes include doubling paid parental leave for U.S. retail partners and introducing a new mission statement and Coffeehouse Code of Conduct.
Starbucks (NASDAQ: SBUX) has scheduled the release of its Q1 fiscal year 2025 financial results after market close on Tuesday, January 28, 2025. The company will host a conference call at 2:00 p.m. Pacific Time to discuss the results.
The conference call will be webcast with closed captioning and will be accessible through the company's investor relations website. A replay of the webcast will remain available until March 14, 2025.
Starbucks operates more than 40,000 stores worldwide and maintains its position as the world's premier roaster and retailer of specialty coffee, continuing its tradition of ethically sourcing and roasting high-quality arabica coffee since 1971.