Starbucks Corp News and Headlines -

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president and ceo of Starbucks Corp (30-Year Financial, Insider Trades) Kevin R Johnson (insider trades) sold 170,000 shares of SBUX on 04/05/2021 at an average price of $111.07 a share. The total sale was $18.9 million.

Starbucks Corp is the roaster, marketer and retailer of specialty coffee in the world, operating globally. It sells a variety of coffee and tea products. It sells goods and services under brands including Teavana, Tazo, and Seattle's Best Coffee. Starbucks Corp has a market cap of $133.18 billion; its shares were traded at around $113.125000 with a P/E ratio of 202.00

0 Views    insider    2021-04-08 20:15

president and ceo of Starbucks Corp (30-Year Financial, Insider Trades) Kevin R Johnson (insider trades) sold 153,290 shares of SBUX on 04/01/2021 at an average price of $109.12 a share. The total sale was $16.7 million.

Starbucks Corp is the roaster, marketer and retailer of specialty coffee in the world, operating globally. It sells a variety of coffee and tea products. It sells goods and services under brands including Teavana, Tazo, and Seattle's Best Coffee. Starbucks Corp has a market cap of $128.77 billion; its shares were traded at around $109.380000 with a P/E ratio of 195.32

0 Views    insider    2021-04-02 23:15

evp, general counsel of Starbucks Corp (30-Year Financial, Insider Trades) Rachel A Gonzalez (insider trades) sold 82,894 shares of SBUX on 03/29/2021 at an average price of $109.51 a share. The total sale was $9.1 million.

Starbucks Corp is the roaster, marketer and retailer of specialty coffee in the world, operating globally. It sells a variety of coffee and tea products. It sells goods and services under brands including Teavana, Tazo, and Seattle's Best Coffee. Starbucks Corp has a market cap of $128.64 billion; its shares were traded at around $109.270000 with a P/E ratio of 195.12

0 Views    insider    2021-03-31 21:15

The stock of Starbucks (NAS:SBUX, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its

0 Views    GF Value    2021-03-30 15:12
Guru stock highlight

Starbucks (SBUX)

We exited our initial investment in Starbucks in January 2020, and opportunistically repurchased a stake in the company at a highly attractive valuation during the March market downturn. Management has handled the COVID-19 crisis incredibly well, which we believe will enable the company to emerge even stronger following the pandemic. At the company's current valuation, about twice the price we paid one year ago, our expected returns from owning Starbucks are below our long-term targets. As a result, we recently sold our stake. Below we summarize our thoughts on the company. Despite the sale, we expect that Starbucks

112 Views    Sydnee Gatewood    2021-03-29 20:54
Discussion of markets and holdings

To the Shareholders of Pershing Square Holdings, Ltd.:

2020 was the best year in the 17-year history of Pershing Square. We generated NAV performance of 70.2% and a total shareholder return (TSR) including dividends of 84.8% due to the reduction in the discount to NAV at which PSH's shares trade.5 Our NAV performance and TSR exceeded our benchmark's performance, the S&P 500, by 5,180 and 6,640 basis points respectively.6

Investors who invested in Pershing Square, L.P. at its inception on January 1, 2004, and transferred their investment to PSH at its inception on December 31, 2012 have grown their equity

293 Views    Sydnee Gatewood    2021-03-29 20:39
The hedge fund manager doubled down on his favorites stocks to improve returns

In 2014, Bill Ackman (Trades, Portfolio) made one of the biggest mistakes of his career. He started buying shares in the healthcare company Valeant (now named Bausch Health Companies Inc. (BHC)).

The investor and manager was incredibly enthusiastic about the group's business model and CEO, Michael Pearson. Pearson, it seemed, had managed to pioneer the perfect business model. Valeant would acquire pharmaceutical businesses with vast amounts of debt and then slash costs and research and development spending to maximize cash flow after the deal.

The big mistake

Initially, the strategy worked, but then the company came under

1424 Views    Rupert Hargreaves    2021-03-16 15:57
Booking Holdings and Nike make the list

According to the GuruFocus All-in-One Screener as of March 14, the following retailers are popular among gurus.

Nike

Nike Inc. (NKE) has a market cap of $216 billion. Its revenue has grown 7.70% over the past 10 years.

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The athletic footwear and apparel brand is held by 18 gurus, including Frank Sands (Trades, Portfolio) with 0.86% of outstanding shares, Ken Fisher (Trades, Portfolio) with 0.44% and Spiros Segalas (Trades, Portfolio) with 0.35%.

As of March 14, the share price of $137.59 was 7%

962 Views    Tiziano Frateschi    2021-03-14 18:38
Nasdaq up 2.4% for the year

The Dow Jones Industrial Average closed at 30,932.37 on Friday with a loss of -69.64 points or -1.50%. The S&P 500 closed at 3,811.15 for a loss of -18.19 points or -0.48%. The Nasdaq Composite closed at 13,192.35 for a gain of 72.91 points or 0.56%. The VIX Volatility Index was lower at 27.95 for a loss of 0.94 points or -3.25%.

For the week, the Dow Jones was down -1.8%, the S&P 500 had a loss of -2.5% and the Nasdaq returned -4.9%. For the month, the Dow Jones gained 3.2%, the S&P 500 gained 2.6% and the Nasdaq

54 Views    Julie Young    2021-02-28 14:35
Guru adds no new positions during the quarter

Bill Ackman (Trades, Portfolio), leader of Pershing Square Capital, has revealed his portfolio for the fourth quarter of 2020. The top five trades of the quarter were reductions made in Starbucks Corp. (SBUX), Restaurant Brands International Inc. (QSR), Lowe's Companies Inc. (LOW), Agilent Technologies Inc. (A) and Hilton Worldwide Holdings Inc. (HLT).

The guru's New York-based hedge fund takes large positions in underperforming companies with the intent of pushing management to make changes. This activist strategy allows the hedge fund to unlock value for shareholders.

Portfolio overview

At the end of the

353 Views    Graham Griffin    2021-02-19 19:15
GMO LLC sells out of Starbucks, boosts Wells Fargo

Jeremy Grantham (Trades, Portfolio)'s GMO LLC recently released its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

Grantham is a co-founder and a member of the asset allocation team of Grantham, Mayo, Van Otterloo (GMO) & Co. LLC. The Boston-based asset management firm utilizes various long-term, value-based investment strategies that focus on risk management and diversification. Grantham is known for his success in consistently identifying and avoiding stock market bubbles, including the Japanese market bubble in the late eighties, tech and internet stocks in the late nineties and credit markets in 2006.

405 Views    Margaret Moran    2021-02-18 21:01
Firm's largest sales of the 4th quarter

Jeremy Grantham (Trades, Portfolio)'s GMO LLC sold shares of the following stocks during the fourth quarter, which ended on Dec. 31.

Philip Morris

The firm closed its position in Philip Morris International Inc. (PM). The trade had an impact of -1.08% on the portfolio.

The international tobacco company has a market cap of $133.94 billion and an enterprise value of $160.13 billion.

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GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on assets of 19.8% is outperforming 75% of companies in the tobacco

113 Views    Tiziano Frateschi    2021-02-18 17:18
The company is an excellent long-term buy, given its growth initiatives and relative valuation

Yum China Holdings Inc. (YUMC) is a good franchise selling at a discount on Wall Street, according to Quo Vadis Capital President John Zolidis.

Last week, the operator of KFC, Pizza Hut and other fast-food brands in China reported fourth-quarter earnings of 35 cents per share that beat analysts' expectations of 24 cents per share.

But it warned of "significant headwinds" in the first quarter of 2021 due to a Covid-19 resurgence in some areas of China.

Wall Street took this warning seriously, sending the company's shares on a roller coaster following the report.

Still, Zolidis thinks Yum China is

123 Views    Panos Mourdoukoutas    2021-02-12 19:48
They have outperformed the S&P 500 index recently

Shareholders of United Parcel Service Inc (UPS), Sony Corp (SNE) and Starbucks Corp (SBUX) have witnessed significant increases in the value of their positions in recent years, outperforming the S&P 500 Index. The share price of the benchmark index for the U.S. market ($3,915.59 as of Feb. 8) has climbed by 18% over the past year, 45% over the past two years and 49% over the past three years through Feb. 8.

Wall Street sell-side analysts have also issued positive recommendation ratings for these stocks, suggesting that their share prices are expected to continue performing strongly in the coming years.

108 Views    Alberto Abaterusso    2021-02-09 16:28
The company's business model and strategy create a great deal of value for consumers, but they don't capture value for stockholders

Shares of Chinese coffee chain Luckin Coffee Inc. (LKNCY) could become worthless, according to Quo Vadis President John Zolidis, who has been following the company closely.

"We believe there is a very significant probability that the equity will have no value after a restructuring, based on the company's current secured creditors and unquantifiable legal obligations," Zolidis said.

Luckin's shares were trading near $7 on Friday (down 45%) after filing for bankruptcy protection. At $7, the market cap willstill be close to $2 billion.

Zolidis says that "the value of the business is still extremely suspect given that last year's Ebitda

581 Views    Panos Mourdoukoutas    2021-02-07 21:29
A look at the company's first quarter financial results

Coffee giant Starbucks (SBUX) reported results for its first quarter of fiscal 2021 last week.

Revenues for the quarter declined 5% to $6.7 billion, which reflects the continued impact of the pandemic on the company's global operations. Global comparable store sales (comps) fell 5% in the quarter, with a 19% decline in traffic offset by a high-teens increase in average ticket. As shown below, while the mid-single digit decline in comps still leaves room for improvement, it's meaningfully better than results from the past few quarters.

U.S. comps declined 5% in the quarter, with continued traffic

1299 Views    The Science of Hitting    2021-02-04 18:01
Despite beating Wall Street's earnings forecasts, the coffeehouse chain is still on the road to recovery

After the markets closed on Jan. 26, Starbucks Corp. (SBUX) reported earnings results for its first quarter of fiscal 2021, which ended on Dec. 27, 2020.

Although the coffeehouse chain beat Wall Street's forecasts on the earnings front, it missed on the revenue front, and business levels remained depressed compared to a year ago. Shares were down approximately 1.6% in after-hours trading following the news.

Earnings results

For the quarter, Starbucks posted GAAP earnings per share of 53 cents (down 28% year over year) and adjusted earnings of 61 cents per share (down 22%) compared to the 55 cents that

251 Views    Margaret Moran    2021-01-26 22:57
Guru stock highlight

Starbucks' (SBUX) sales trends improved substantially relative to the second calendar quarter, led by markets that were further along the post-COVID-19 reopening path, particularly mainland China. While the Company has experienced a challenging year due to the effects of the pandemic, Starbucks has quickly adapted and made investments that should move it into a better competitive position as society returns to normal. For example, it has ramped up opening more stores with drive-through and pick-up capabilities, in addition to continued digital and loyalty program expansions. We also think the Company has the opportunity to drive higher margins over the

40 Views    Sydnee Gatewood    2021-01-13 22:20
Activist investor adds to position in real estate company

Billionaire investor Bill Ackman (Trades, Portfolio) disclosed late last week he boosted Pershing Square Capital Management's stake in The Howard Hughes Corp. (HHC) by 23.37%.

The guru's New York-based hedge fund is known for taking large positions in a handful of underperforming companies and pushing for change in order to unlock value for shareholders. While he has found success recently with Chipotle Mexican Grill Inc. (CMG) and Starbucks Corp. (SBUX), one of Ackman's most well-known activist targets, which did not end well for him, was Valeant Pharmaceuticals. He also pursued an unsuccessful short of Herbalife Nutrition Ltd.

694 Views    Sydnee Gatewood    2021-01-11 17:57
The coffee company has strong revenue and earnings growth, but its shares are significantly overvalued

Starbucks Corp. (SBUX) is ready to return to the good old days of strong revenue and earnings growth.

That's according to a rosy forecast provided by the company's management in an analyst day last week. For 2021, Starbucks reiterated its GAAP earnings per share range of $2.34 to $2.54 and non-GAAP earnings range of $2.70 to $2.90 (both inclusive of a 10-cent impact attributable to the 53rd week).

Wall Street seems to share management's enthusiasm. The company's shares have gained 21% in the last three months, compared to the S&P 500's 10% increase.

Starbucks' optimism

142 Views    Panos Mourdoukoutas    2020-12-14 22:00

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