Starbucks PT receives Investment Bank Analyst Rating Update
By Vlad Schepkov BofA Securities analysts raised their price target on Starbucks Corporation (NASDAQ:SBUX) to $125 from $109 and reiterated a “Buy” rating on the shares, citing...
Starbucks has managed through the inflationary environment — so far China reopening promises another catalyst But at 33x fiscal 2022 earnings per share, the good news looks...
Starbucks faces a growing number of challenges, including a company-wide union push, slowing sales in China, and increasing pressures on margins The company plans to spend billions...
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice. It offers its products under the Starbucks Coffee, Teavana, Seattle’s Best Coffee, Ethos, Starbucks Reserve, and Princi brands. As of October 2, 2022, the company operated 17,295 company-operated and licensed stores in North America; and 18,416 company-operated and licensed stores internationally. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.