CNBC's Andrew Ross Sorkin reports on the latest news.
SBUX faces near-term challenges, including declining traffic across channels, and weak comparable sales in key markets like the United States and China.
Despite the market rally, Pepsi, Coca-Cola, and Nike present potential buying opportunities due to recent share price pullbacks amid economic headwinds. Interest rate uncertainties impact consumer spe
Starbucks' payment and scheduling system has been hit with a ransomware attack. The coffee company issued guidance for workers about how to handle pay disruptions caused by the outage.
Starbucks baristas aren't able to view and manage their schedules because of a ransomware attack on one of the company's vendors. The coffee company said its store leaders and baristas are working aro
Starbucks said the aftermath of a ransomware attack on a software supplier has been affecting its ability to pay baristas and manage their schedules, the company's spokesperson said on Monday.

Stock Picks That Billionaires Love

02:26pm, Monday, 25'th Nov 2024
Billionaire investors are scooping up mega-cap tech stocks amid the sector's red-hot rally.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analy
Although Starbucks (SBUX 2.44%) has been a fantastic investment throughout its history as a public company, it hasn't worked out as well for shareholders recently.
New Starbucks CEO Brian Niccol is tasked with reversing the coffee giant's sales slump. He said airports, where consumers often face long lines, are one area in particular that could be improved.
Starbucks is said to be exploring options for its Chinese operations, including the possibility of selling a stake in the business. Sources say the firm is speaking to advisers about its growth plans

3-Stock Lunch: Google, Deere and Starbucks

03:17pm, Thursday, 21'st Nov 2024
Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss stock plays for three stocks.
Starbucks Corp (NASDAQ:SBUX, ETR:SRB) is reportedly considering selling its stake in its China business as it struggles amid rising competition from value-focused domestic brands.  The Seattle-based
Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business.

Starbucks Looks to JV to Save China Business

07:35am, Thursday, 21'st Nov 2024
24/7 Wall St. Insights Starbucks Corp. (NASDAQ: SBUX) reportedly is looking for a joint venture in China.
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