Starbucks Stock News

Malaysian tycoon Vincent Tan's Berjaya Food reported a record net loss, as the operator of U.S. coffee chain Starbucks in Malaysia lost customers amid protests linked to the Gaza conflict.

Starbucks stock is stalling but there's profit potential with this options strategy.

Starbucks sees foot traffic spike 24% thanks to PSLs. “It's great just to get people in the door,” analysts say.

Starbucks (SBUX -0.27%) is a globally recognized brand thanks to its ubiquitous presence. It has 17,230 stores in the U.S. and a jaw-dropping 41,097 in total across the world.

The Global Industry Classification Standard assigns each stock into a market sector to make it easier for investors to compare companies to their peers and track broader market movements.

Starbucks Corp (NASDAQ:SBUX, ETR:SRB) is currently seeking bids for a stake in its China business, with the potential valuation of this unit reaching up to $10 billion, according to a Reuters report. China represents Starbucks' largest market outside the US, contributing more than 8% of the company's global revenue.

Starbucks has asked a short-listed group of potential bidders to submit non-binding bids for a stake in its China business within the next two weeks, two people with knowledge of the matter said.

Starbucks is expanding its health and wellness offerings by testing coconut water beverages in hundreds of additional stores.