Starbucks U District Closure Disrupts UW Students Amid Seattle Store Wave
- UW students lose convenient campus Starbucks for coffee/snacks; closed April 5 during employee strike, no clear reason given.
- Part of broader...
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Rewards loyalists rejoice: Starbucks unveils three new tiers—Green, Gold, Reserve—for elevated benefits.
Key summer launches to excite customers:
Robust demand for Starbucks prototypes shines in $3.56M sale of new drive-thru-only store.
Key upgrade highlights:
Positive signal for SBUX: Jefferies upgrades to Hold from Underperform, signaling stabilized risk-reward.
May 12 launch brings vibrant tropical vibes:
Jefferies upgrades SBUX to Hold ($92 PT) after China franchising (Boyu 60% stake), cutting intl risk vs. peers and US comps turning positive (+4%...
Green Dot Assist evolution: AI chatbot now testing in 35 stores, pulling recipes, substitutions, troubleshooting, and shift help.
Starbucks-Nestlé Global Coffee Alliance expands with Starbucks Coffee Craft, a premium Arabica cold concentrate in Rich Black and Signature Caramel...
TD Cowen counters SBUX turnaround optimism with a Hold downgrade (from Buy, $90 PT), as shares drop 1.9% to $84.36.
Bearish highlights:
Refresher wars heat up: 2026 sees Dunkin’, Panera, and Starbucks expand fruity caffeine drinks, but SBUX fans dislike Strawberry Acai tweaks.
Key institutional move: Sumitomo Mitsui Trust Group sold 54,954 SBUX shares, trimming its position by 2.0% and retaining 2,749,008 shares (0.24% of...
Escalating tensions: ~1,000 workers launched rolling one-day strikes at 75 stores since Sunday, protesting new dress code without union input.
Key Jefferies Takeaways on SBUX: