Starbucks

Ticker SBUX

Today's data summary

Market open
% change
+0.34%
Price US dollars
79.56
Change
+0.27
As of 17:18 13 Aug 2020
Market cap. US dollars
94,264.55 million
As of 17:18 13 Aug 2020

Latest updates

Starbucks bans reusable cups in North America

Starbucks shop
AFP

Starbucks has temporarily stopped making drinks in customer-provided cups in the US and Canada.

"We are pausing the use of personal cups and 'for here' ware in our stores,"the coffee giant said in a statement.

"We have provided scenario-based procedural information to our store teams on how to report and support anyone that may express they’ve been impacted by the virus, including store closure decision making support," it added.

The company has also modified or postponed large meetings across its offices in North America and restricted all business-related air travel, both domestic and international, until 31 March.