part of new CEO Brian Niccol’s “Back to Starbucks” strategy to humanize the global chain and reposition Starbucks as a coffee shop, not just a place to pick up mobile orders for coffee.

Starbucks Corp. plans to expand in the Middle East, adding hundreds of new stores, as the global coffee chain seeks to bounce ...

Starbucks has had a tough financial year in 2024, and has seen declining revenues across both its US as well as global stores. Accelerated investments on the part of management to attract ...

US-based coffee chain Starbucks' global sales fell 4% in the October-December period last year, according to first quarter fiscal year 2025 results released Tuesday. Fiscal year 2025 begins with ...

Starbucks' global same-store sales fell 4% in the three months ended Dec. 29, Niccol's first full quarter at the helm, compared with analysts' expectations of a 4.6% fall, according to data ...

Starbucks Corporation SBUX reported better-than-expected first-quarter fiscal 2025 results, with earnings and net revenues topping the Zacks Consensus Estimate. However, the bottom line declined ...

Starbucks reported EPS of $0.69, edging out the anticipated $0.67. Revenue was steady at $9.4 billion, marginally above expectations of $9.315 billion. Despite these positive notes, global ...

The global coffeehouse chain Starbucks will be cutting corporate jobs as CEO Brian Niccol continues to implement changes to bolster lagging sales and improve profitability. Niccol made the ...