SBUX News

Chagee Holdings Limited, a premium tea drink brand, has filed with the Securities and Exchange Commission to list its ADSs on the Nasdaq Global Select Market under the ticker "CHA." The company aims to fuel its expansion in the growing freshly-made tea drinks market through this IPO.

Starbucks shares are trading lower Thursday following reports suggesting the company is reorganizing to hold leadership more accountable for financial and operational improvements.

Starbucks is streamlining operations as part of its "Back to Starbucks" initiative. The company will eliminate 1,100 support roles and several hundred open positions.

Starbucks giving away free coffee after Super Bowl LIX may have boosted the company's future in several ways.

Missouri Attorney General Andrew Bailey has filed a lawsuit against Starbucks for violating anti-discrimination laws. Bailey claims the company enforces race and gender-based hiring quotas, leading to higher costs and longer service delays for consumers.

Starbucks has dismissed the allegations as unfounded.

In response, a Starbucks spokesperson pointed to a company statement from Monday, asserting that most stores will remain operational with minimal disruption.

Starbucks Corp. workers have expanded their strike to additional U.S. cities amid stalled wage negotiations during the crucial holiday shopping period, potentially affecting the coffee chain's Christmas sales, according to Workers United union.

The coffee giant is undergoing a transformation under its new CEO, Brian Niccol.

Starbucks Q4 earnings miss estimates, prompting analysts to highlight limited near-term visibility but confidence in long-term margin growth.

Starbucks will eliminate the extra charge for non-dairy milk options in company-owned stores across the United States and Canada, starting Nov 7.

Someone with a lot of money to spend has taken a bearish stance on Starbucks (NASDAQ:SBUX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

JP Morgan has decided to maintain its Overweight rating of Starbucks (NASDAQ:SBUX) and raise its price target from $92.00 to $100.00. Shares of Starbucks are trading up 6.09% over the last 24 hours, at $93.19 per share. A move to $100.00 would account for a 7.31% increase from the current share price.

Starbucks Corp (NASDAQ: SBUX) shares are trading higher Wednesday after multiple analysts raised price targets on the stock following the company's investor day presentation.

Starbucks Corporation (NASDAQ: SBUX) shares traded high by 1.2% on Wednesday after the company held its first investor day event since announcing Laxman Narasimhan will be taking over as the new CEO.

Starbucks Corporation (NASDAQ: SBUX) is ready to onboard its new CEO Laxman Narasimhan.