SBUX
Starbucks
October 8, 2026 · intraday
- Rarity
- 1.76
- Peak move
- −5.25%
- Float cap
- $106.1B
Starbucks is the world's largest coffeehouse chain, roasting, marketing and retailing specialty coffee through roughly 40,000 company-operated and licensed cafes worldwide. Its stores sell hot and iced coffee, espresso and tea drinks, pastries and breakfast sandwiches, mainly to consumers in the United States, China and other international markets. It also sells packaged coffee, single-serve pods and ready-to-drink beverages through grocery and foodservice channels, including a trademark-licensing alliance with Nestle.
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What we found
13 events · 0 from SEC or newswire · 1 timed with the move- Key eventTimed with the move
acquisition_acquirerThe Financial Times reported Starbucks worked with advisers on a potential takeover proposal for Chipotle Mexican Grill valuing it at nearly $39 billion, with no formal offer confirmed and neither company commenting.
- Key event
strategic_reviewStarbucks is considering selling a majority stake in its Japan operations in a deal that could value the business at about $3 billion, with a formal process expected to begin in Q4 2026.
litigation_outcomeA federal judge in Pennsylvania denied Starbucks' motion to dismiss a lawsuit brought by a union representing thousands of its employees, allowing the case over a 2024 memorandum of understanding to proceed.
- Key event
layoff_restructuringStarbucks is closing about 250 underperforming US and Canada stores, roughly 1% of its North American footprint, and cutting corporate positions with about $300 million in expected charges as part of CEO Brian Niccol's restructuring toward $2 billion in cost savings by fiscal 2028.
dividend_changeStarbucks' board approved raising the quarterly cash dividend 1.6% to $0.63 per share from $0.62, an annualized rate of $2.52, payable Nov. 27, 2026 to holders of record Nov. 13, its 16th consecutive annual increase.
layoff_restructuringStarbucks filed a WARN notice to close five Washington state stores and cut eight Seattle headquarters jobs, affecting 51 workers, part of its plan to close about 250 North American locations.
insider_saleStarbucks executive Brady Brewer sold 1,641 shares at $94.76 on October 5, 2026 under a Rule 10b5-1 plan adopted December 3, 2025, leaving him 71,507.502 shares.
class_action_filedA consumer in Seattle filed suit against Starbucks alleging its unsweetened drinks contain sugar, with Starbucks responding that the sugar comes from milk and none is added.
analyst_ratingUBS lowered its price target on Starbucks to $105 from $112 while keeping a Neutral rating, citing valuation and a balanced risk-reward profile.
commodity_eventICE US Coffee C arabica futures surged about 3.64% to roughly 303.20 cents a pound on Oct 6, 2026, near a one-month high, as heavy rain in Brazil delayed harvest and drying of higher-grade beans and ICE certified arabica stocks stayed near 27-year lows.
pricing_changeStarbucks Vietnam suspended two payment promotions from Oct. 1 through Dec. 31, 2026: the free Grande-to-Venti size upgrade and airport pastry offer for eligible Visa cards, and the 25,000 dong Venti discount for Techcombank Visa cards.
spinoff_divestitureHong Kong's DFI Retail Group agreed to acquire the Starbucks licensed business in seven Asian markets from Maxim's Caterers in an asset swap covering 1,100+ stores, with Maxim's paying about $340M plus the business stake and closing targeted by end-March 2027.
analyst_ratingJPMorgan cut its price target on Starbucks to $100 from $105.