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 ...
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 ...
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 ...
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 ...
It was also better than the previous quarter, when global same-store sales were down 7%. U.S. same-store sales also fell 4% in the first quarter. Starbucks said transactions were down 8% but ...