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 (SBUX) is a global leader in the coffeehouse industry, renowned for its premium beverages, retail innovation, and commitment to sustainability. This page aggregates all official company announcements, financial disclosures, and market-relevant developments in one centralized location.
Investors and stakeholders will find timely updates on earnings reports, product launches, and strategic partnerships, alongside press releases detailing operational milestones. The curated collection includes updates on store expansions, sustainability initiatives, and leadership changes impacting SBUX’s global operations.
Bookmark this page to stay informed about Starbucks’ latest corporate news, including regulatory filings and analyst commentary. Visit regularly for unfiltered access to primary source materials critical for understanding the company’s trajectory in the competitive foodservice sector.
Starbucks' founder, Howard Schultz, visited Beijing to celebrate the company’s 6,000th store opening in China, emphasizing the importance of partner connections. During the Partner Open Forum, he urged partners to embrace authenticity and humanity in their roles. Schultz highlighted the unique bond between Starbucks and the Chinese community, attributing the company’s revival post-pandemic to the dedication of its 60,000 partners. The company aims to operate 2,500 Greener Stores in China by 2025 as part of its sustainability goals. Schultz also engaged with students at Peking University, sharing insights on the company’s mission and connecting with local culture. This visit underscores Starbucks' commitment to growth in China, which has been a significant market since its first store opening in 1999.
Starbucks has launched its Oleato™ beverages in Japan, marking the third global introduction of this innovative coffee line which combines high-quality arabica coffee with Partanna® extra virgin olive oil. The launch took place on April 20, 2023, at over 60 select stores, including the Starbucks Reserve® Roastery Tokyo. Following successful introductions in Italy and select U.S. markets, Starbucks aims to enhance customer experiences with unique flavor profiles. The Oleato™ line aims to transform the coffee ritual, providing a fresh sensory experience. The beverages include variations like Golden Cream Iced Espresso and Golden Foam Cold Brew, each promising a luxurious textural experience. Starbucks continues its commitment to premium offerings, with over 1,800 stores in Japan since its first location opened in 1996.
Starbucks Corporation (NASDAQ: SBUX) will release its Q2 FY 2023 financial results on Tuesday, May 2, 2023, after market close. A conference call will follow at 2:00 p.m. Pacific Time, accessible via the company’s website. This marks a significant event for investors as they await insights into the company's financial performance during this period.
Starbucks, founded in 1971, operates over 36,000 stores globally and is recognized for its commitment to ethically sourcing and roasting premium arabica coffee. Investors can tune into the conference call for critical updates that may impact stock performance.
FAQ
What is the current stock price of Starbucks (SBUX)?
What is the market cap of Starbucks (SBUX)?
