SBUX Stock Recent News

SBUX bets on protein cold foam, coconut water drinks and artisanal foods to revive slipping U.S. comparable sales.

Starbucks Corp. (NASDAQ: SBUX) CEO Brian Niccol must want to undermine the morale among some of his most critical workers.

Starbucks plans to give salaried workers a 2% raise this year. The pay bump applies to some Starbucks employees, from those at Seattle HQ to store managers.

The coffee giant is in the midst of a turnaround. “We need to carefully manage all of our other costs.

Starbucks will provide a modest 2% hike to all salaried employees in North America this year, the company told Reuters on Monday, as the coffee chain tries to keep a tight lid on costs as part of CEO Brian Niccol's turnaround efforts.

Recently, Zacks.com users have been paying close attention to Starbucks (SBUX). This makes it worthwhile to examine what the stock has in store.

Tractor Supply (TSCO 1.34%) and Starbucks (SBUX -1.97%) have both established themselves as dependable dividend payers. Yet, their strengths, risks, and income profiles could not be more different.

TipRanks' analyst ranking service discusses three stocks, including Pinterest and CoreWeave.

There are headwinds for restaurant stocks, and they may increase as the year progresses, but companies like Chipotle Mexican Grill NYSE: CMG, Wingstop NASDAQ: WING, and Starbucks NASDAQ: SBUX are on track to outperform and increase their stock prices. Each has a unique catalyst to support shareholder value and is in a position to outperform its peers and the broader market.

Analysts say they are cautiously optimistic that Starbucks will improve its profit margins.