Starbucks considers next moves in China — Cramer says new CEO 'is not fooling around' [MSNBC.com]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
Company Research
Source: MSNBC.com
Starbucks is exploring major moves to resurrect its struggling China business. The news Starbucks on Thursday said it's exploring the "best path to growth" in the world's second-largest economy, which includes "exploring strategic partnerships." New CEO Brian Niccol also said words to that effect on the company's fiscal fourth-quarter earnings call last month. The coffee giant's statement was in response to a Bloomberg report that Starbucks is considering selling a stake in its China operations. According to Bloomberg, such options could spur investment from Chinese companies or private equity firms to help Starbucks navigate the domestic coffee market. Shares of Starbucks rose 1.5% following the news. Bloomberg also said that no decision has been made but came as major shareholder Elliott Investment Management pressured new Starbucks CEO Brian Niccol and his team to figure out a plan for China, the company's No. 2 market behind the U.S. The Starbucks statement also said: "We are full
Show less
Read more
Impact Snapshot
Event Time:
SBUX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBUX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBUX alerts
High impacting Starbucks Corporation news events
Weekly update
A roundup of the hottest topics
SBUX
News
- Glass Tableware Market to Grow by USD 2.68 Billion (2024-2028), Driven by Advancements in Production Techniques, AI Redefining the Market Landscape - Technavio [Yahoo! Finance]Yahoo! Finance
- Starbucks considers next moves in China — Cramer says new CEO ‘is not fooling around' [CNBC]CNBC
- Are Return-To-Office Mandates About Efficiency Or Cutting Costs? [Forbes]Forbes
- Adani Group, Starbucks, Volkswagen: 3 stories in focus [Yahoo! Finance Canada]Yahoo! Finance Canada
- Adani Group, Starbucks, Volkswagen: 3 stories in focus [Yahoo! Finance]Yahoo! Finance
SBUX
Earnings
- 10/30/24 - In-Line
SBUX
Sec Filings
- 11/21/24 - Form 8-K
- 11/21/24 - Form 144
- 11/20/24 - Form 4
- SBUX's page on the SEC website