Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Starbucks CEO Brian Niccol says rise of GLP-1s is behind company's protein push [Yahoo! Finance Canada]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
The use of GLP-1s is surging and Starbucks ( SBUX ) is positioning itself to take advantage of the shifts in consumer behavior that follow from the rise of weight-loss drugs. "We're positioned really well for this," Starbucks CEO Brian Niccol told Yahoo Finance in an interview. "What I've noticed, and as I've understood the behaviors associated with people that ultimately are on GLP-1s, [is] you end up with more snacking or smaller meals, and [are] more protein forward, more fiber forward." Niccol reduced the menu by roughly 25% to 30% when he joined the company, but now he's adding items like protein balls, flatbreads, wraps, and baked goods into the mix. The company has also added sugar-free options, like caramel syrup, as well as protein milk and cold foam, which it added in late September. Starbucks Corporation (SBUX) "2026 is the year where we're going to see an exponential increase in adoption of GLP1s," PwC partner and US consumer markets industry leader Alison Fur Show less Read more
Impact Snapshot
Event Time:
SBUX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SBUX alerts
Opt-in for
SBUX alerts

from News Quantified
Opt-in for
SBUX alerts

from News Quantified