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Starbucks Corp (SBUX.OQ)

SBUX.OQ on NASDAQ Stock Exchange Global Select Market

64.92USD
18 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Starbucks Outlines Growth Agenda
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Starbucks Corp ::STARBUCKS OUTLINES GROWTH AGENDA AND ANNOUNCES EXPANSION OF STARBUCKS DELIVERS IN U.S. AND CHINA AT 2018 INVESTOR CONFERENCE.ANNOUNCES LAUNCH OF STARBUCKS DELIVERS TO NEARLY A QUARTER OF U.S. COMPANY-OPERATED STORES WITH UBER EATS, BEGINNING IN 2019.STARBUCKS - AIMS TO EXPAND RETAIL STORE PORTFOLIO BY ABOUT 6% TO 7% NET NEW UNITS AND GROW SAME STORE SALES BY 3% TO 4%, GLOBALLY, EACH YEAR.REAFFIRMS FY19 TARGETS.STARBUCKS - LONGER TERM, STARBUCKS EXPECTS CONSOLIDATED REVENUE GROWTH OF 7% TO 9% AND NON-GAAP EARNINGS PER SHARE GROWTH OF AT LEAST 10%.FY2019 EARNINGS PER SHARE VIEW $2.65, REVENUE VIEW $26.10 BILLION -- REFINITIV IBES DATA.  Full Article

Starbucks Collaborates With UberEats To Start Delivery Service In Japan
Thursday, 8 Nov 2018 

Nov 7 (Reuters) - Starbucks Corp ::STARBUCKS ANNOUNCES STRATEGIC INITIATIVES IN JAPAN.STARBUCKS SAYS IT PLANS TO BUILD 100 NET NEW STORES ANNUALLY OVER NEXT THREE YEARS IN JAPAN THAT WILL BRING STORE COUNT TO 1,700 ACROSS THE MARKET.STARBUCKS SAYS TO COLLABORATE WITH UBEREATS JAPAN TO START DELIVERY SERVICE IN JAPAN BEGINNING NOVEMBER 9.STARBUCKS SAYS INITIATES INNOVATION IN DIGITAL PAYMENT THROUGH PARTNERSHIP WITH LINE.STARBUCKS CORP SAYS FIRST PHASE OF DIGITAL PAYMENT PARTNERSHIP WITH LINE IN JAPAN TO LAUNCH IN FIRST HALF OF 2019.STARBUCKS SAYS TO BEGIN PILOT OF MOBILE ORDER AND PAY PROGRAM IN 2019 IN JAPAN, ENABLING CUSTOMERS TO ORDER AND PAY FROM THEIR MOBILE DEVICE.STARBUCKS SAYS TO OPEN STARBUCKS RESERVE ROASTERY IN TOKYO IN THE NAKAMEGURO DISTRICT ON FEBRUARY 28, 2019.  Full Article

Starbucks Q4 Non-Gaap Earnings Per Share $0.62
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Starbucks Corp ::STARBUCKS REPORTS Q4 AND FULL YEAR FISCAL 2018 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.62.Q4 GAAP EARNINGS PER SHARE $0.56.Q4 REVENUE $6.3 BILLION VERSUS I/B/E/S VIEW $6.27 BILLION.Q4 EARNINGS PER SHARE VIEW $0.60 -- THOMSON REUTERS I/B/E/S.Q4 COMPARABLE STORE SALES UP 3% GLOBALLY DRIVEN BY 4% GROWTH IN U.S..CHINA COMPARABLE STORE SALES UP 1% IN Q4.EXPECTS TO ADD APPROXIMATELY 2,100 NET NEW STARBUCKS STORES GLOBALLY FOR 2019.STARBUCKS - QTRLY ACTIVE STARBUCKS REWARDS MEMBERSHIP IN U.S. INCREASES 15% YEAR-OVER-YEAR TO 15.3 MILLION.FOR FISCAL 2019 EXPECTS GLOBAL COMPARABLE STORE SALES GROWTH NEAR LOWER END OF CURRENT 3% TO 5% RANGE.EXPECTS GLOBAL COMPARABLE STORE SALES GROWTH NEAR LOWER END OF OUR CURRENT 3% TO 5% RANGE FOR 2019.FOR FISCAL 2019 EXPECTS CONSOLIDATED REVENUE GROWTH OF 5% TO 7%.EXPECTS GAAP EPS IN RANGE OF $2.32 TO $2.37 AND NON-GAAP EPS IN RANGE OF $2.61 TO $2.66 FOR 2019.  Full Article

Starbucks Corp Amended, Restated Co's $1.0 Bln 364-Day Credit Agreement - SEC Filing
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Starbucks Corp ::ON OCT 24, AMENDED AND RESTATED CO'S $1.0 BILLION 364-DAY CREDIT AGREEMENT, DATED AS OF OCT 25, 2017 - SEC FILING.AMENDED, RESTATED CO’S $1.0 BILLION 364-DAY CREDIT AGREEMENT TO EXTEND TERM OF THE CREDIT AGREEMENT FOR ADDITIONAL 364-DAY PERIOD.CO’S EXISTING $2 BILLION UNSECURED, REVOLVING CREDIT FACILITY REMAINS UNCHANGED WITH SCHEDULED MATURITY DATE OF OCT 25, 2022.  Full Article

Restaurant Brands New Zealand Completes Sale Of Starbucks Coffee Assets And Stock
Tuesday, 23 Oct 2018 

Oct 24 (Reuters) - Restaurant Brands New Zealand Ltd ::COMPLETES SALE OF STARBUCKS COFFEE FIXED ASSETS AND STOCK TO TAHUA CAPITAL LTD.  Full Article

Starbucks Evolves Structure In EMEA
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Starbucks Corp ::STARBUCKS EVOLVES STRUCTURE IN EMEA TO ACCELERATE LONG-TERM STRATEGIC GROWTH.STARBUCKS - INTENTION TO FULLY LICENSE STARBUCKS OPERATIONS WITH LONGSTANDING BUSINESS PARTNER, ALSEA, IN FRANCE, NETHERLANDS, BELGIUM AND LUXEMBOURG.STARBUCKS CORP - INTENDS TO CLOSE SUPPORT CENTRE IN AMSTERDAM.STARBUCKS CORP - COFFEE ROASTING FACILITY TO REMAIN IN NETHERLANDS.STARBUCKS CORP - ALSEA WILL HAVE RIGHTS TO OPERATE AND DEVELOP STARBUCKS STORES IN FRANCE, NETHERLANDS, BELGIUM AND LUXEMBURG MARKETS.STARBUCKS - TO FULLY LICENSE CO'S OPERATIONS IN FRANCE, NETHERLANDS, BELGIUM AND LUXEMBURG TO ITS STRATEGIC PARTNER ALSEA, S.A.B. DE C.V..STARBUCKS CORP - STARBUCKS INTENDS TO RESTRUCTURE ITS BACK-OFFICE SUPPORT FUNCTIONS.STARBUCKS - ALSEA WOULD EXPAND RELATIONSHIP WITH CO OUTSIDE OF LATIN AMERICA TO EUROPE, WOULD PARTNER WITH STARBUCKS IN NINE MARKETS GLOBALLY.STARBUCKS CORP - WILL BE INTRODUCING A NEW SUPPORT CENTRE STRUCTURE IN ITS HEAD OFFICE BASED IN LONDON.STARBUCKS - WILL CONTINUE TO OPERATE ITS MANUFACTURING SITE IN AMSTERDAM WHICH ROASTS AND PACKAGES ITS ARABICA COFFEE FOR EMEA.STARBUCKS CORP - "WILL CONTINUE TO INVEST IN GROWING A HEALTHY STORE PORTFOLIO".  Full Article

Starbucks Corp says Accelerated Share Repurchase Underway
Friday, 12 Oct 2018 

Oct 12 (Reuters) - Starbucks Corp ::STARBUCKS CORPORATION ACCELERATED SHARE REPURCHASE UNDERWAY.STARBUCKS CORP - IS CURRENTLY EXECUTING A $5 BILLION ACCELERATED SHARE REPURCHASE PROGRAM.STARBUCKS CORP - PLAN TO RETURN $25 BILLION TO SHAREHOLDERS IN FORM OF SHARE BUYBACKS AND DIVIDENDS THROUGH FISCAL 2020.  Full Article

Starbucks - For Grismer’S Appointment As CFO, Compensation & Management Development Committee Of Board Approved Annualized Base Salary Of $845,000
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Starbucks Corp ::STARBUCKS - FOR GRISMER’S APPOINTMENT AS CFO, COMPENSATION & MANAGEMENT DEVELOPMENT COMMITTEE OF BOARD APPROVED ANNUALIZED BASE SALARY OF $845,000.STARBUCKS - FOR GRISMER’S APPOINTMENT AS CFO, NEW HIRE EQUITY AWARD OF $7.5 MILLION & NEW HIRE CASH AWARD OF $1.5 MILLION.  Full Article

There Will Be Impacts, Some Job Losses - Starbucks Spokeswoman
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Starbucks Corp ::AT STARBUCKS, THERE WILL BE IMPACTS, SOME JOB LOSSES, SOME ROLE EXPANSIONS, AND SOME WILL BE REDEPLOYED - SPOKESWOMAN .STARBUCKS HAS NO PREDETERMINED JOB-CUTS NUMBER - SPOKESWOMAN.  Full Article

Starbucks Plans ‘Significant Changes’ To Company's Structure - Bloomberg
Monday, 24 Sep 2018 

Sept 24 (Reuters) - :STARBUCKS PLANS ‘SIGNIFICANT CHANGES’ TO COMPANY'S STRUCTURE - BLOOMBERG.STARBUCKS IS PLANNING AN ORGANIZATIONAL SHAKEUP, INCLUDING CORPORATE LAYOFFS - BLOOMBERG.  Full Article

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Breakingviews - The 2019 stock market reversal: how it happened

NEW YORK/LONDON (Reuters Breakingviews) - Few people would have disagreed at the beginning of the year that the nine-year-long bull market was reaching its end phase. That didn’t diminish the shock when it actually happened. Here is Breakingviews’ imagined account of how the good times came to an end in 2019.