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News Breaks | | | | January 24, 2013 | | 15:26 EDT |  | SBUX | Starbucks January 55 weekly straddle priced for 1.5% move into Q1
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News For SBUX From The Last 14 Days Check below for free stories on SBUX the last two weeks. |
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| June 18, 2013 | | 12:30 EDT |  | SBUX | Starbucks CFO indicates new food products have been successful
A Starbucks (SBUX) executive indicated at a conference earlier today that its new food products have been successful. Starbucks has greater confidence that its food sales will continue to trend upward after launching new food products in two markets, Starbucks CFO Troy Alstead stated at the Jefferies Global Consumer Conference. Starbucks has launched food made by La Boluange, a restaurant chain that it acquired last year, at Starbucks stores in Northern California and the Seattle area. New beverages and an increased number of Starbucks drive-through stores can also improve the company's performance going forward, Alstead said. The Teavana brand that Starbucks acquired leaves the company poised to capitalize on "tremendous opportunities around the world for a contemporary teahouse concept," the CFO added. Meanwhile, Alstead reiterated that Starbucks does not plan to compete with Green Mountain (GMCR) by focusing on selling coffee machines. "We recognize that Starbucks is not an equipment company. We don't have aspirations to become a deep equipment company," said the CFO, who also praised Green Mountain. In early afternoon trading, Starbucks rose 95c, or 1.4%, to $67, while Green Mountain fell 1% to $78.70. | | | 09:02 EDT | | SBUX | Starbucks to roll-out calorie info on menus nationwide
 Subscribe for More Information | | | June 17, 2013 | | 07:23 EDT |  | SBUX | Jefferies to host a conference
Subscribe for More Information | | | June 7, 2013 | | 09:49 EDT |  | SBUX | Starbucks Q3 revenue estimate below the Street at ITG Research
ITG Research initiated its Q3 Starbucks estimate at $335M, below the Street's $349M estimate. | |
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