SBUX Stock Starbucks Corporation - Complete Overview
Nasdaq / Restaraunts, Hotels, Motels / Services / SBUX Stock
|Avg Daily Volume||10.74M|
STARBUCKS CORPORATION (SBUX) OVERVIEW
SBUX stock is a restaraunts, hotels, motels company traded on Nasdaq. It is valued at 82.4B US dollars. There are 1.45B shares outstanding which Starbucks Corporation issued to investors. Volatility of the stock is LOW, and the daily volume is 18.55% stock on average. Starbucks Corporation is paying dividends with the latest yield of 1.80%. It brought investors a total return of -2.51% over the last 12 months. Starbucks Corporation stock is relatively cheap. It's P/E ratio is below the market average.
Starbucks Is Boldly Addressing Its Racial Bias Problem
The coffee shop chain will close 8,000-plus stores simultaneously to conduct anti-discrimination and anti-bias training for around 175,000 employees.
Starbucks stores nationwide will be closed the afternoon of May 29 for racial-bias training
Starbucks Corp. said Tuesday that it will close all of its stores nationwide on the afternoon of May 29 for racial-bias training. Nearly 175,000 workers will participate and it will become part of the new-hire process going forward. The company has enlisted local and national experts to develop the curriculum, including Sherrilyn Ifill, president and director-counsel of the NAACP Legal Defense and Education Fund, and Jonathan Greenblatt, CEO of the Anti-Defamation League. The company will also make the materials available to other companies, including its licensed partners. "While this is not limited to Starbucks, we're committed to being a part of the solution," said Chief Executive Kevin Johnson in a statement. "Closing our stores for racial bias training is just one step in a journey that requires dedication from every level of our company and partnerships in our local communities." Starbucks made headlines after an incident in a Philadelphia location where two black men were escorted out by police in handcuffs after a manager phoned the police with a trespassing complaint. Starbucks shares are up 4.2% for the year so far while the S&P 500 index is up 1.2% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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|Price to Earnings||18.56||81.93||25.95||45.62|
|Price to Book Value||14.33||9.96||11.07||7.00|
|Price to Sales||3.63||3.92||2.98||5.00|
|Return on Equity||77.40%||20.75%||39.18%||17.71%|
|Return on Assets||28.40%||7.40%||14.45%||8.04%|