Perigon Wealth Management LLC Purchases Shares of 27,510 Starbucks Corporation $SBUX
Perigon Wealth Management LLC has acquired 27,510 shares of Starbucks Corporation (SBUX) valued at approximately $2.81 million in the second quarter. This purchase contributes to the 72.29% institutional ownership of Starbucks stock. The company recently reported strong quarterly earnings, beating expectations with an EPS of $0.85 and revenue of $9.32 billion, although revenue saw a slight year-over-year decline.
Simplicity Wealth LLC Invests $1.19 Million in Starbucks Corporation $SBUX
Simplicity Wealth LLC has invested $1.19 million in Starbucks Corporation, purchasing 11,631 shares. This comes as Starbucks implements a $2 billion cost-reduction plan, including corporate job cuts, to support its turnaround efforts and maintain profitability. Despite ongoing challenges in China and a high dividend payout ratio, the company recently reported strong earnings, beating analyst expectations.
7,630,782 Shares in Starbucks Corporation $SBUX Acquired by Bank of New York Mellon Corp
Bank of New York Mellon Corp has acquired a significant new position in Starbucks Corporation, purchasing over 7.6 million shares valued at approximately $779.79 million. Other institutional investors also increased their holdings. This news comes amidst Starbucks' ongoing turnaround efforts, corporate restructuring, recent earnings beat, and a disclosed quarterly dividend.
1ST Source Bank Invests $3.34 Million in Starbucks Corporation $SBUX
1ST Source Bank has acquired a new position in Starbucks Corporation, investing approximately $3.34 million for 32,644 shares. This move is part of a broader trend of institutional investors increasing their holdings in SBUX, despite challenges like corporate restructuring, job cuts, and difficulties in the Chinese market. Starbucks recently reported strong Q2 earnings, beating analyst expectations, and announced a quarterly dividend of $0.62 per share.
Yum! Brands (YUM), What Is Behind The Fresh Attention Today?
Yum! Brands (YUM) is gaining attention due to new board appointments and an increased focus on digital, AI, and automation projects. The stock is currently trading at US$152.99, showing modest momentum, with an analyst narrative suggesting it is 14.9% undervalued compared to a fair value of $179.83. While the P/E ratio is in line with the US market, it trades at a discount to the hospitality industry, indicating potential for long-term growth through international expansion and its franchise model.
Why Bed Bath & Beyond's owner bet on Nashville amid ambitious rebrand
Bed Bath & Beyond's owner has rebranded as Neighborhood Intelligence and moved its corporate headquarters from Murray, Utah, to Nashville, Tennessee. This move aims to align with the company's new focus on home ownership and services, including renovations, insurance, and real estate, while retaining the Bed Bath & Beyond store brand. The relocation positions the company in a growing corporate hub and near its acquisition, The Brand House Collective.
Starbucks lays off 100+ employees who refused Nashville relocation
Starbucks has laid off over 200 workers, including 120 corporate employees who refused to relocate to its new Nashville office, ahead of a planned corporate expansion. The company is investing $100 million and creating 2,000 jobs in Nashville, incentivized by a $30 million grant from Tennessee leaders. These layoffs follow a major restructuring announced in May and come amidst a stagnant job market in Tennessee.
Strong Starbucks stock holds just below consensus target as FY 2026 guidance underpins earnings outl
Starbucks stock is trading at $103.99, below the average analyst target of $110.30, but its FY 2026 EPS guidance of $2.55 to $2.65 aligns closely with analyst forecasts of $2.64. The company's premium valuation and 23% year-to-date gain hinge on meeting this guidance, especially given competitive pressures in key markets like China. Institutional interest remains steady, supporting a consensus "Hold" rating.
Starbucks lays off 224 more corporate workers, as expansion to Nashville continues
Starbucks has laid off an additional 224 corporate employees, many of whom declined to relocate to the company's new Nashville office. This move aligns with Starbucks' commitment to create 2,000 jobs in Nashville within five years, benefiting the city through the company's corporate restructuring. The layoffs are a direct consequence of the company's continued expansion to Nashville.
Brandweek Returns to Atlanta With Starbucks, Crocs, Mattel, Coca-Cola, and More
ADWEEK's Brandweek conference will return to Atlanta from September 15-17, bringing together marketers from major companies like Coca-Cola, Starbucks, Crocs, and Mattel. The event will focus on reinvention, AI, and purpose-driven growth, featuring speakers such as Drew Panayiotou of Keurig Dr Pepper and Tressie Lieberman of Starbucks. Key sessions will cover brand reinvention, social commerce, and the role of businesses beyond profit.
Starbucks Just Dropped a New Limited-Edition Cup Collection With Disney
Starbucks and Disney have collaborated to release a new limited-edition Pumpkin Spice Collection, featuring Minnie Mouse-themed fall motifs. The collection, which includes tumblers, mugs, cup cozies, and a canvas bag, was shared on Instagram on August 9 and is available at Disney theme parks. Prices range from $16.99 for cup sleeves to $54.99 for a ceramic tumbler.
Westrock Coffee Company (NASDAQ:WEST) Given Average Rating of "Hold" by Brokerages
Westrock Coffee Company (NASDAQ:WEST) has received an average "Hold" rating from brokerages, with an average 12-month price target of $10.00, exceeding its current share price of $8.29. The company recently reported quarterly results that missed expectations, with an EPS loss of $0.10 and revenue of $305.66 million. Institutional investors hold 45.08% of the stock, and analysts project a full-year loss of approximately $0.22 per share.
Victoria's Secret taps Starbucks executive for open board seat - Bizwomen
Victoria's Secret & Co. has appointed Gerri Martin-Flickinger, a former Starbucks executive, to its board of directors, effective September 14. Martin-Flickinger brings extensive expertise in technology, AI, digital commerce, and consumer retail, which aligns with Victoria's Secret's "Path to Potential" strategy. Her appointment follows a period where an activist investor pushed for board changes, though current Board Chair Donna James was reelected.
Silvant Capital Management LLC Takes $1.44 Million Position in Yum! Brands, Inc. $YUM
Silvant Capital Management LLC has acquired a new position in Yum! Brands, Inc. (NYSE:YUM), purchasing 8,975 shares valued at approximately $1.44 million during the second quarter. Yum! Brands recently reported strong quarterly earnings with an EPS of $1.62, exceeding estimates, and a 12.2% year-over-year revenue increase, along with authorizing a $4 billion share-repurchase plan. Despite a "Moderate Buy" consensus from analysts, the company faces potential risks from recent insider selling and a pending investor investigation by Pomerantz LLP.
Oppenheimer Asset Management Inc. Purchases Shares of 260,110 Starbucks Corporation $SBUX
Oppenheimer Asset Management Inc. recently acquired 260,110 shares of Starbucks Corporation (SBUX) valued at approximately $26.6 million in the second quarter. Institutional investors hold a significant 72.29% stake in Starbucks, with major holders including Vanguard Group Inc., Capital World Investors, and State Street Corp. Starbucks reported strong Q3 2026 earnings, beating consensus estimates with an EPS of $0.85 and revenue of $9.32 billion, while also declaring a quarterly dividend of $0.62 per share.
Yum! Brands, Inc. (NYSE:YUM) Receives Consensus Rating of "Moderate Buy" from Analysts
Yum! Brands (NYSE:YUM) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $174.65. The company recently exceeded quarterly EPS expectations, reporting $1.62 versus a $1.58 consensus, and announced a $4 billion share repurchase program. The investment outlook is influenced by AI and digital loyalty initiatives, but also by an ongoing legal investigation and mixed analyst forecasts.
Starbucks Corp. stock outperforms competitors on strong trading day
Shares of Starbucks Corp. (SBUX) rose by 2.97% to $107.08 on Friday, outperforming competitors and ending a three-day losing streak. This occurred during an overall positive trading session, with the S&P 500 Index (SPX) increasing by 0.43% and the Dow Jones Industrial Average (DJIA) rising by 0.98%.
Starbucks lays off over 200 corporate workers as turnaround strategy moves forward
Starbucks has laid off over 200 corporate workers as it continues to implement CEO Brian Niccol's turnaround strategy. The cuts include approximately 120 employees who declined to relocate from Seattle to Nashville and 104 due to organizational restructuring. These changes are part of a broader plan to enhance the "third place experience" in coffeehouses and improve operations for partners and customers.
Victoria’s Secret reshapes its tech leadership
Victoria's Secret has made significant changes to its technology leadership by appointing Adrian Butler as EVP and CTO, and Gerri Martin-Flickinger to its board of directors. These appointments aim to support the company's "Path to Potential" strategy, which focuses on reviving sales, sharpening brand identity, and attracting younger customers, especially after a period of declining sales and a proxy battle. Both new leaders bring extensive experience in technology, retail, and digital commerce, which Victoria's Secret hopes will drive its long-term growth and digital transformation.
Starbucks lays off 224 more corporate workers, as expansion to Nashville continues
Starbucks has laid off an additional 224 corporate workers as part of an ongoing restructuring effort aimed at streamlining its operations. This new round of layoffs comes as the coffee giant continues its expansion initiatives, including a focus on Nashville. The company is consolidating regional support offices in three cities as it continues its business transformation.
Starbucks Targets $2 Billion Cost Savings Over Two Years
Starbucks is implementing a strategy to achieve $2 billion in cost savings over two years through job cuts, restructuring, and reducing its store footprint. Despite a revenue drop in Q3 due to selling a stake in its China operations, the company has seen four consecutive quarters of sales growth in established stores and has raised its full-year 2026 guidance, reflecting confidence in its recovery and profitability. Analyst ratings currently suggest a "Moderate Buy" for SBUX stock.
Victoria?S Secret & Co. Announces Appointment of Gerri Martin-Flickinger to Board of Directors and as A Member of the Audit Committee, Effective September 14, 2026
Victoria's Secret & Co. has announced the appointment of Gerri Martin-Flickinger to its Board of Directors, effective September 14, 2026. Ms. Martin-Flickinger, formerly Executive Vice President and CTO of Starbucks, brings extensive experience in technology and digital transformation to the board and will also serve on the Audit Committee. Her appointment follows a comprehensive search aimed at adding expertise to support the company's strategic priorities.
Starbucks Is Reportedly Cutting 224 Jobs As Its $2B Cost Push Takes Shape — SBUX Stock Slips 1.5%
Starbucks is reportedly cutting 224 jobs, including 104 roles as part of a restructuring and 120 employees who declined to relocate to Nashville, as it pushes towards a $2 billion cost-saving goal. Under CEO Brian Niccol, the company has eliminated over 2,300 corporate positions since last year and is also reducing its store footprint. Despite these changes, Starbucks has seen four consecutive quarters of improved sales growth and its stock has gained 21% this year.
Domino's Holds 23% Pizza Share: How Much Growth Runway Is Left?
Domino's Pizza, despite being a global leader, believes it has significant room for growth, aiming to increase its 23% pizza market share through rising orders, aggregator expansion, and new unit development. The company draws parallels with other QSR brands that command 40-50% market shares. While facing recent challenges like slowing U.S. same-store sales and trimmed store growth forecasts, Domino's strategic focus on customer acquisition and digital engagement mirrors that of peers like Starbucks and Yum! Brands, who are also pursuing similar growth avenues.
Starbucks Sheds More Than 100 Jobs as It Wraps Up Restructuring
Starbucks eliminated 104 roles as part of a restructuring effort aimed at boosting growth. The job cuts include positions in the store design and construction team and affect employees who declined to relocate to the company's new Nashville office. This move is part of a broader restructuring announced in May, impacting roles in the U.S. and internationally.
Starbucks Is Reportedly Cutting 224 Jobs As Its $2B Cost Push Takes Shape — SBUX Stock Slips 1.5%
Starbucks is reportedly cutting 224 jobs as part of a restructuring effort aimed at achieving $2 billion in cost savings over two years. The cuts include 104 roles in store design and construction, and 120 Seattle-based employees who declined to relocate to a new Nashville office. These actions are part of a broader strategy under CEO Brian Niccol, which also involves reducing the company's operating footprint and selling a majority stake in its China retail operations to boost profitability and sales growth.
Gerri Martin-Flickinger Joins Victoria’s Secret & Co. Board of Directors
Victoria’s Secret & Co. has announced the appointment of Gerri Martin-Flickinger, former EVP and CTO of Starbucks, to its Board of Directors, effective September 14, 2026. Her expertise in technology, digital transformation, AI, and cybersecurity is expected to be invaluable to the company's "Path to Potential" strategy. This appointment reflects Victoria's Secret's commitment to enhancing its leadership and technology expertise for long-term growth.
The Zacks Analyst Blog Highlights McDonald's, Starbucks and Yum! Brands
This Zacks Analyst Blog highlights McDonald's, Starbucks, and Yum! Brands, focusing on McDonald's recent stock performance and challenges. McDonald's shares have declined significantly due to weak U.S. traffic and execution issues, despite global sales growth and a strong long-term strategy. The article discusses potential recovery levers for McDonald's and its current valuation compared to competitors.
Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Shares in Brown & Brown, Inc. $BRO
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new position in Brown & Brown, Inc. (NYSE:BRO) during the second quarter, purchasing 760,695 shares valued at approximately $48.8 million. This acquisition makes Mitsubishi UFJ Asset Management Co. Ltd. the owner of about 0.23% of Brown & Brown's stock. Other institutional investors like Vanguard Group Inc. and Capital World Investors also increased their stakes in the financial services provider.
12,229 Shares in Texas Roadhouse, Inc. $TXRH Bought by First National Bank of Omaha
First National Bank of Omaha acquired 12,229 shares of Texas Roadhouse, Inc. (NASDAQ:TXRH) valued at approximately $2.36 million during the second quarter. This purchase contributes to institutional investors collectively owning 94.82% of the company's stock. Texas Roadhouse reported strong quarterly earnings and revenue, declared a quarterly dividend of $0.75 per share, and currently holds a consensus "Hold" rating from analysts.
Daiwa Securities Group Inc. Purchases 18,861 Shares of Starbucks Corporation $SBUX
Daiwa Securities Group Inc. increased its stake in Starbucks Corporation by 6.2% in the second quarter, acquiring 18,861 additional shares, bringing its total holdings to 324,620 shares valued at approximately $33.2 million. Meanwhile, Starbucks CEO Brady Brewer sold 2,229 shares worth about $236,000, as insiders collectively sold 6,687 shares totaling $681,700 over the past 90 days. The company exceeded quarterly earnings expectations with $0.85 EPS and $9.32 billion in revenue, declared a $0.62 per share quarterly dividend, and holds a consensus "Hold" rating from analysts with an average price target of $110.30.
Is Darden Restaurants (DRI) Fairly Valued On Board Vote Tensions?
A recent shareholder proposal regarding Darden Restaurants' board election policies has brought governance into focus ahead of its September 23 annual meeting, drawing attention to the stock's performance. Despite recent share price gains, Darden is considered "3% Undervalued" with a fair value estimate of $228.25. The narrative highlights potential for revenue growth through new restaurant prototypes, but warns of risks from softer Olive Garden traffic or delivery-related margin pressures.
5 Things to Know About the TD First Class Travel Visa Infinite
The TD First Class Travel Visa Infinite card offers significant travel value, especially for those who book through Expedia For TD, with a $139 annual fee. Key benefits include a substantial welcome bonus, annual travel credit, four complimentary airport lounge visits, and comprehensive travel insurance. However, its 2.5% foreign transaction fee makes it less ideal for spending abroad, and points cannot be transferred to other airline or hotel loyalty programs.
When Sustainability Claims Become Evidence
Sustainability claims have evolved from mere marketing differentiators to statements with significant legal and business implications, attracting regulatory scrutiny, investor diligence, and potential litigation. Companies now face increasing pressure from regulators, consumers, competitors, and even internal employees to substantiate their environmental, social, and governance (ESG) assertions with credible evidence. This shift necessitates treating sustainability claims with the same rigor as financial disclosures, making accuracy and accountability paramount to avoid greenwashing risks.
News | Why big investors are buying Seattle apartments again
Large real estate investors are making significant investments in Seattle's apartment market, signaling a renewed confidence despite previous employer-led office footprint reductions. Recent record-breaking sales, such as BGO's $500 million acquisition of two properties, suggest investors believe apartment values have bottomed out and are betting on future growth driven by factors like the AI and tech boom. While recovery is selective, focusing on newer, transit-oriented properties, the overall trend indicates a bullish outlook for Seattle's multifamily sector.
Resilient Starbucks stock holds above $106 as Q3 earnings beat supports FY 2026 outlook
Starbucks stock is trading above $106 following strong fiscal 2026 third-quarter earnings that surpassed expectations, despite a slight revenue decline due to the China divestiture. The company raised its full-year comparable sales guidance and maintained EPS guidance, reinforcing investor confidence in its growth trajectory. While the stock's valuation is considered rich, its digital engagement and loyalty programs are key drivers for sustained growth and profitability.
Can Starbucks' Solid Comps Growth Support Stronger FY26 Earnings?
Starbucks (SBUX) demonstrated strong comparable sales and earnings trends in Q3 fiscal 2026, with global comparable sales up 7.9% and EPS increasing 70%. The company raised its fiscal 2026 outlook, projecting U.S. comparable sales growth of over 6% and consolidated operating margin above 11%. Despite anticipated consumer variability, Starbucks aims to maintain growth and margin gains, supported by its $2 billion cost-savings plan.
McDonald's Stock Down 19% in 6 Months: Is This a Buying Opportunity?
McDonald's (MCD) shares have dropped 18.9% in the past six months due to weak U.S. traffic, inconsistent value offerings, and marketing missteps, underperforming its industry and the S&P 500. While the company faces near-term challenges in its U.S. business, it has levers for recovery, including improved value propositions, international growth, and a new beverage platform. Despite some analyst revisions, long-term growth is expected, and the stock currently trades at a discount, though new investors may want to await clearer signs of U.S. improvement.
McDonald's Stock Down 19% in 6 Months: Is This a Buying Opportunity?
McDonald's (MCD) stock has declined 18.9% in the past six months, underperforming the industry and the S&P 500, due to concerns over weak U.S. traffic, inconsistent value offerings, and marketing missteps. Despite these challenges, the company has several levers for recovery, including a new beverage platform, a long-term growth strategy, and resilient financials, though new investors may want to wait for clearer signs of sustained improvement. McDonald's is currently rated a Zacks Rank #3 (Hold).
Analysts Offer Insights on Consumer Cyclical Companies: Barnes & Noble Education (BNED) and Starbucks (SBUX)
Two analysts have issued bullish sentiments for consumer cyclical companies Barnes & Noble Education (BNED) and Starbucks (SBUX). Northland Securities maintained a Buy rating on BNED with a $18.50 price target, while TD Cowen reiterated a Buy rating on SBUX with a $120.00 price target. Both companies currently hold a Moderate Buy consensus rating from analysts.
Analysts Offer Insights on Consumer Cyclical Companies: Barnes & Noble Education (BNED) and Starbucks (SBUX)
Two analysts have offered bullish insights on consumer cyclical companies Barnes & Noble Education (BNED) and Starbucks (SBUX). Owen Rickert of Northland Securities maintained a Buy rating on BNED with a price target of $18.50, while Joshua Buchalter of TD Cowen reiterated a Buy rating on Starbucks with a price target of $120.00. Both companies have a Moderate Buy consensus among analysts.
McDonald's Stock Down 19% in 6 Months: Is This a Buying Opportunity?
McDonald's stock has declined 18.9% in the past six months due to weak U.S. traffic, inconsistent execution of value offerings, and marketing missteps, underperforming the industry and S&P 500. While the company is implementing strategies like the "McDonald's > NEXT" plan and focusing on international markets and beverages, analysts have mixed earnings expectations for 2026 and 2027. Despite trading at a discount to industry peers, new investors are advised to await clearer signs of sustained improvement in U.S. traffic and execution before investing.
Wealthfront Advisers LLC Makes New $20.32 Million Investment in Kimberly-Clark Corporation $KMB
Wealthfront Advisers LLC has initiated a new position in Kimberly-Clark Corporation (NASDAQ:KMB) by acquiring 185,095 shares valued at approximately $20.32 million during the second quarter. This makes Wealthfront Advisers LLC a 0.06% owner of Kimberly-Clark. Other major institutional investors, including Vanguard Group Inc. and BlackRock Inc., have also recently adjusted their holdings in the company.
iA Global Asset Management Inc. Boosts Stock Position in Starbucks Corporation $SBUX
iA Global Asset Management Inc. significantly increased its stake in Starbucks Corporation (NASDAQ:SBUX) by 78.5% in the second quarter, now holding 244,127 shares valued at $24.9 million. This comes as Starbucks reported better-than-expected quarterly EPS of $0.85, though revenue saw a slight year-over-year decline. Analysts generally maintain a "Hold" rating on the stock, with an average price target of $110.30, and the company recently declared a quarterly dividend of $0.62 per share.
Levin Capital Strategies L.P. Buys 12,303 Shares of McDonald's Corporation $MCD
Levin Capital Strategies L.P. significantly increased its stake in McDonald's Corporation by 997% in the second quarter, purchasing 12,303 additional shares, bringing its total holding to $3.66 million. Institutional investors now own 70.29% of McDonald's. Despite beating EPS expectations, the company faces challenges like weak U.S. traffic and rising costs, leading to a "Moderate Buy" consensus from analysts with an average price target of $325.44.
Assetmark Inc. Cuts Holdings in Starbucks Corporation $SBUX
Assetmark Inc. significantly reduced its stake in Starbucks Corporation by 72.9% in the second quarter, selling over 315,000 shares but still retaining over $12 million worth of stock. This comes as Starbucks exceeded earnings expectations, reporting $0.85 EPS and $9.32 billion in revenue, despite a slight year-over-year revenue decline. Analysts maintain a "Hold" rating on SBUX with an average price target of $110.30.
Krispy Kreme’s Pokemon doughnuts launch today to very happy fans
Krispy Kreme has launched a new Pokemon Doughnut Collection to celebrate Pokemon's 30th anniversary, available today through September 13. The collection features six character-inspired doughnuts, gold-dusted Doughnut Dots, and collectible packaging, sparking enthusiastic reactions from fans online. These special doughnuts and related merchandise can be found in Krispy Kreme shops, drive-thrus, online, and at select retail locations like Walmart and Kroger.
Starbucks Corp. stock underperforms Tuesday when compared to competitors
Shares of Starbucks Corp. (SBUX) fell by 1.77% on Tuesday, closing at $106.01, significantly underperforming the broader market. This decline occurred on a generally negative trading day, with both the S&P 500 Index and the Dow Jones Industrial Average also recording losses. The company's stock is now 4.07% below its 52-week high of $110.51, which was reached on August 13th.
Cowen reiterates Starbucks stock rating citing North America growth
TD Cowen has reiterated a Buy rating and a $120 price target for Starbucks (NASDAQ:SBUX), citing strong growth potential from its North America operations. Despite the stock trading near its 52-week high and InvestingPro analysis suggesting overvaluation, the firm anticipates earnings per share upside in 2027-28 due to the higher multiple of the North America business, offsetting lower international estimates. This optimism is supported by positive sales revisions and efficiency measures, with 19 analysts revising earnings upwards and Starbucks reporting impressive Q3 2026 results.
Starbucks stock: Does the turnaround story still have legs?
Starbucks (SBUX) is trading near its 52-week high, with a high trailing P/E ratio, suggesting it is overvalued according to some models. While BMO is bullish on Starbucks' turnaround story, driven by North America sales and efficiency measures, the stock's current valuation already prices in much of this optimism. The article concludes that while the turnaround has legs, the stock is currently overvalued, recommending a cautious hold rather than a fresh buy at current prices.
