Starbucks Stock News

Starbucks is pushing further into the health and wellness space with an expanded test of coconut water beverages in additional stores. The coffee giant will be testing its Coco Matcha and Coco Cold Brew drinks in more than 400 stores across major cities including New York, Los Angeles and the greater Chicago area, along with select cities in the Midwest beginning Aug. 21.

Restaurant and coffee chains like McDonald's, Dunkin', Dutch Bros and Starbucks are leaning into beverage innovation in a crowded market for consumers. The companies are adding new drinks to their menus as they look for a sales boost.

Analysts say more welcoming atmospheres at chains like Starbucks and Cava can't hurt. But how much will they help?

Starbucks Corp. (NASDAQ: SBUX) CEO Brian Niccol must want to undermine the morale among some of his most critical workers.

Starbucks plans to give salaried workers a 2% raise this year. The pay bump applies to some Starbucks employees, from those at Seattle HQ to store managers.

The coffee giant is in the midst of a turnaround. “We need to carefully manage all of our other costs.

Starbucks will provide a modest 2% hike to all salaried employees in North America this year, the company told Reuters on Monday, as the coffee chain tries to keep a tight lid on costs as part of CEO Brian Niccol's turnaround efforts.

Tractor Supply (TSCO 1.34%) and Starbucks (SBUX -1.97%) have both established themselves as dependable dividend payers. Yet, their strengths, risks, and income profiles could not be more different.