Starbucks Corporation (SBUX)
After hours:
| Previous close | 73.32 |
| Open | 73.84 |
| Bid | 74.03 x 600 |
| Ask | 74.08 x 600 |
| Day's range | 73.71 - 75.01 |
| 52-week range | 71.55 - 107.66 |
| Volume | |
| Avg. volume | 13,752,870 |
| Market cap | 83.876B |
| Beta (5Y monthly) | 0.94 |
| PE ratio (TTM) | 20.40 |
| EPS (TTM) | 3.63 |
| Earnings date | 30 Apr 2024 |
| Forward dividend & yield | 2.28 (3.11%) |
| Ex-dividend date | 16 Aug 2024 |
| 1y target est | 86.38 |
- Yahoo Finance Video
Dutch Bros. is gunning for Starbucks' top coffee spot
Inflation has significantly impacted the restaurant industry across the board, as budget-conscious consumers increasingly seek out value options. Yahoo Finance reporter Brooke DiPalma analyzes the top three strategies restaurants are employing to attract customers in this challenging economic environment with a focus on Dutch Bros (BROS) as the coffee chain strives to establish itself as the next major player in the coffee industry, seeking to rival even Starbucks (SBUX). Dutch Bros. is set to report earnings on Wednesday, August 7. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Angel Smith
Yahoo FinanceFizzy drinks, energetic 'broistas' are fueling Dutch Bros' rise as the next big coffee chain
The new CEO of Dutch Bros is tasked with her biggest career challenge yet, scaling an 800-store coffee chain to rival Starbucks.
ReutersStarbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports
Schultz, who is the sixth largest shareholder with a $2.03 billion stake in the company, according to LSEG data made his opposition to an Elliott settlement known to some board members, the report said, citing people familiar with the matter. Elliott has built a sizable position in Starbucks and has been discussing ways of improving the coffee chain's stock performance, two sources familiar with the matter told Reuters last week. Starbucks declined to comment on the report, while Schultz and Elliott did not immediately respond to Reuters' requests for comment.
