COURT-RULING ·Filed May 18, 2026

SBUX

STARBUCKS CORP
NEUTRAL
Impact 1/10
Horizonimmediate Processed3mo ago CourtView Ruling on CourtListener
Court ruling (district)
Actionable Insight • Neutral

No material impact. This is a routine premises liability case dismissed on summary judgment with zero financial exposure. No further monitoring required.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
SBUX ▲ +1.77% at T+60d
NEUTRAL call ✓ call won +1.77% · α vs SPY -2.81% · entry $106.60 → $108.49
Entry anchored
May 15, 04:24 PM ET
via exchange tick
T+1d
-0.21%
call -0.21% · α +0.46%
$106.38
settled 5mo ago
T+5d
-4.86%
call -4.86% · α -6.48%
$101.42
settled 4mo ago
T+20d
-4.62%
call -4.62% · α -6.20%
$101.68
settled 4mo ago
T+60d
+1.77%
call +1.77% · α -2.81%
$108.49
settled 7w ago

Price Chart

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Executive Summary

Starbucks won summary judgment in a New Jersey premises liability case (Spencer v. Starbucks) where a customer claimed he tripped on a curled mat corner. The court found the plaintiff failed to prove a dangerous condition existed at the time of the fall, failed to establish causation, and that the mode-of-operation rule did not apply. This is a routine slip-and-fall case with no material financial exposure — the ruling removes a trivial litigation risk for a $117.8B market cap company.

Court Ruling Details

Ruling Date
May 18, 2026
Court
United States District Court for the District of New Jersey
Court Level
District
Judge
Susan D. Wigenton
Case Type
other
Ruling Type
summary judgment
Outcome
WIN — ruling favors this company
Will It Be Appealed?
Unlikely
Precedent Risk
LOW

Key Facts

  • Starbucks won summary judgment in a New Jersey premises liability case (Spencer v. Starbucks) on May 18, 2026.
  • The court found the plaintiff failed to prove a dangerous condition existed at the time of the fall, failed to establish causation, and that the mode-of-operation rule did not apply.
  • Plaintiff's expert testimony was excluded as speculative and conclusory.
  • No damages were awarded — the case was dismissed with prejudice on summary judgment.
  • This is a routine individual slip-and-fall case with no material financial exposure for a $117.8B market cap company.

Financial Impact

No damages awarded. The case was dismissed on summary judgment. No financial exposure to Starbucks.

Risk Factors

  • No material risks identified from this ruling.

Market Snapshot

Exchange
Nasdaq
Sector
Retail-Eating & Drinking Places
Analyst Consensus
49% bullish (47 analysts)

Investment Themes

Consumer & Retail

Documents Analyzed

This report is based on 1 court opinion from CourtListener.

DocumentAccession Number
COURT-RULING Data (Synthetic)court-275yfmcc-SBUX
17 reports for SBUX
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+60▲ +4.86%Feb 28, 2026
Filters
Rows
Reports for SBUX — sortable, filterable
TypeNow
Sep 16, 2026
16d ago
ANALYST-UPGRADE
NEUTRAL ★ 1/10
$97.34 $94.14▼ −3.29%▼ −5.85%$94.95 (−2.45%)
Jun 23, 2026
14w ago
Court Ruling
NEUTRAL ★ 3/10
$101.05 $104.06▲ +2.98%▲ +1.97%$94.95 (−6.03%)
Jun 14, 2026
15w ago
Institutional Cluster
MIXED ★ 5/10
$101.59 $100.15▼ −1.42%▼ −0.03%$94.95 (−6.53%)
Jun 12, 2026
15w ago
8-K
NEUTRAL ★ 2/10
$101.59 $100.15▼ −1.42%▼ −0.03%$94.95 (−6.53%)
Jun 11, 2026
16w ago
Institutional Cluster
NEUTRAL ★ 5/10
$102.28 $99.82▼ −2.41%▼ −2.84%$94.95 (−7.16%)
May 26, 2026
18w ago
Court Ruling
NEUTRAL ★ 1/10
$101.35 $96.51▼ −4.77%▼ −5.86%$94.95 (−6.31%)
May 20, 2026
19w ago
8-K
NEUTRAL ★ 3/10
$104.11 $99.12▼ −4.79%▼ −6.64%$94.95 (−8.79%)
May 18, 2026
19w ago
Court Ruling
NEUTRAL ★ 1/10
$106.60 $101.42▼ −4.86%▼ −6.48%$94.95 (−10.92%)
May 15, 2026
20w ago
8-K
BEARISH ★ 6/10
$106.76 $103.10▲ +3.43%▲ +4.39%$94.95 (+11.05%)
May 14, 2026
20w ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$106.38 $104.11▼ −2.13%▼ −1.42%$94.95 (−10.74%)
Showing 10 of 17

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