SBUX Stock Recent News

Sales gains have slowed at the mega coffee chain, but earnings are jumping. Starbucks is targeting some promising growth areas that could help it expand.

With over 35,000 stores in 80 different countries, Starbucks (SBUX) has created a perception of being an affordable luxury for the past 40 years. In 2023 alone the coffee chain generated almost $36 billion in revenue.

But can they beat the world's most profitable company as investments?

Dutch Bros is aiming to expand its store base nearly fivefold. Starbucks is already the clear industry leader with a powerful brand.

The feud began with a pro-Palestinian social media post from a union account shortly after the Israel-Hamas conflict escalated in October, angering customers and damaging Starbucks' reputation, the company claimed in its trademark infringement suit.

CNBC's Kate Rogers on the SOC withdrawing its director nominees to the Starbucks Board of Directors ahead of its annual meeting next week, ending a potential proxy showdown.

The coalition of unions representing unionized Starbucks Corp. (SBUX) workers ended its boardroom fight with the company Tuesday, saying it was withdrawing its board nominations amid progress in negotiations.

ince the beginning of the war on Oct. 7, Starbucks has found itself alongside other Western brands targeted by pro-Palestinian activists over the war.

A coalition of labor groups has ended its proxy campaign to nominate three people for Starbucks' board of directors amid tense labor negotiations at some Starbucks stores, after the company reported significant progress toward negotiations with the Workers United union.

The two sides agreed last week to work toward a "foundational framework" on collective bargaining.