-
Starbucks' Teavana Shows Troubling Metrics
Friday, April 28, 2017 - 12:07pm | 393Many retailers are seeing sales negatively impacted by declining mall traffic trends. On Friday, investors add another retailer to the growing list of those struggling in the current environment: Starbucks Corporation (NASDAQ: SBUX)'s chain of Teavana stores. Speaking to CNBC on Friday morning,...
-
The Sell-Side Reviews Out Of Starbucks' Investor Day
Thursday, December 8, 2016 - 4:30pm | 618Starbucks Corporation (NASDAQ: SBUX) held its biennial Analyst Day on Wednesday, where it outlined its financial goals and focus areas, among other updates. The company reiterated its annualized targets of 10 percent revenue growth, mid-single-digit same-store sales expansion and 15–20...
-
Howard Schultz Highlights Starbucks' Investor Day
Wednesday, December 7, 2016 - 12:31pm | 532Starbucks Corporation (NASDAQ: SBUX) has been in the spotlight ever since it announced the decision by its celebrated CEO Howard Schultz to relinquish office in favor of chief operations officer Kevin Johnson, effective April 3, 2017. Schultz will transition to the executive chairman role....
-
Starbucks Analyst Days Are Generally Not Market-Moving Events, But ...
Monday, December 5, 2016 - 12:24pm | 319Starbucks Corporation (NASDAQ: SBUX) is scheduled to host its Analyst Day on Wednesday. While investors are focusing on gaining an insight into the company’s ability to sustain Americas comps at 5 percent over the medium term, shares are likely to respond to any announcement of increased...
-
Starbucks' New Tea Launch In Asia Marks The Most Aggressive Brand Expansion Since 2008
Monday, September 12, 2016 - 12:08pm | 409Starbucks Corporation (NASDAQ: SBUX) said on Monday it will begin heavily targeting the Asian market with a full line of tea flavors. Starbucks noted that the tea market is quite large at $125 billion, and tea is the second most consumed beverage in the world after plain water. The company will...
-
Sozzi: Starbucks Faces Challenges In 2015 Despite Recent Positive Developments
Friday, December 26, 2014 - 11:39am | 237Brian Sozzi of Belus Capital Advisors published an article on The Street that Starbucks Corporation (NASDAQ: SBUX) faces several challenges heading in to the new year. "Consider these issues to be partly a by product of Starbucks' own success," Sozzi wrote. "To keep its sales and earnings...
-
Highlights From Starbucks' Ongoing Investor Day Presentation
Thursday, December 4, 2014 - 3:13pm | 243Howard Schultz, CEO of Starbucks Corporation (NASDAQ: SBUX) along with key executives detailed on Thursday during an Investor Day presentation how the company plans on growing its brand to $30 billion in annual revenue by fiscal 2019. Below are some of the major highlights from the presentation...
-
Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
-
It's Tea Time For Starbucks With New 'Oprah Chai' Partnership
Thursday, March 20, 2014 - 2:48pm | 269Starbucks (NASDAQ: SBUX) Founder, President, Chairman and CEO Howard Schultz is amped about the company's partnership with Oprah Winfrey. He discussed their new product for their Teavana business called Teavana Oprah Chai with CNBC's Jim Cramer on Wednesday. “We discovered Oprah is passionate...
-
Howard Schultz's Plans For A Global Teavana
Thursday, October 24, 2013 - 11:31am | 420Starbucks (NASDAQ: SBUX) CEO and Chairman Howard Shultz is excited about the company's Teavana acquisition, and he showed it gushingly on CNBC's Squawk on the Street Wednesday morning. "When we acquired Teavana, we acquired a jewel of a company that had basically 350 stores in malls of America,...
-
Starbucks Earnings Preview: Strong Fiscal First Quarter Expected
Wednesday, January 23, 2013 - 12:54pm | 728Starbucks (NASDAQ: SBUX), which was a recent Jim Cramer pick, is scheduled to report its fiscal first-quarter results Thursday, January 24, after the markets close. Investors will be looking for what is new with the recently completed buyout of Teavana Holdings and the company's move into...