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Starbucks on Tuesday reported weaker-than-expected earnings and another quarter of same-store sales declines, but the coffee giant said its turnaround strategy is showing early signs of success. “Our financial results don’t yet reflect our progress, but we have real momentum with our ‘Back to Starbucks’ plan,” CEO Brian Niccol said in a video posted on the company’s website. … Read more
Starbucks Corporation (NASDAQ: SBUX) on Tuesday reported an increase in revenue for the second quarter of 2025. Earnings, meanwhile, declined YoY. Net revenues increased to $8.76 billion in the March quarter from $8.56 billion in the year-ago quarter. Global comparable store sales declined 1%, driven by a 2% decline in comparable transactions, partially offset by … Read more
Coffee chain Starbucks Corporation (NASDAQ: SBUX) is all set to report its second-quarter 2025 earnings results today after the closing bell. Listen to Starbucks’ Q2 2025 earnings call live and read the real-time transcript Wall Street analysts expect the company to report earnings of $0.48 per share for the March quarter. In the year-ago quarter, … Read more
Shares of Starbucks Coffee Company (NASDAQ: SBUX) were up over 1% on Tuesday. The stock has dropped 16% over the past three months. The coffee chain is slated to report its earnings results for the second quarter of 2025 on Tuesday, April 25, after market close. Here’s a look at what to expect from the … Read more
Starbucks Corporation (NASDAQ: SBUX) has launched an extensive restructuring to streamline operations and optimize customer experience. While navigating a difficult operating environment, the coffee giant is working to revive its brand through initiatives like the mobile order facility and redesigned stores. The company’s stock has been on a rollercoaster ride for quite some time, often … Read more
Coffee giant Starbucks has been ordered to pay a California drive-through customer $50 million after an unsecured hot drink spilled on him, causing burns. Michael Garcia underwent skin grafts and other procedures on his genitals after he was handed a takeout tray of venti-sized drinks at a drive-through on Feb. 8, 2020. His lawyers successfully … Read more
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Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO, Brian Niccol, said Monday. The cuts will not affect workers at the … Read more
The Starbucks logo is seen on a cup at one of its cafes on April 26, 2024. Jakub Porzycki/ | Nurphoto | Getty Images Starbucks on Tuesday reported that its same-store sales slid for the fourth consecutive quarter, but the company’s quarterly earnings and revenue beat Wall Street’s expectations. The coffee giant kicked off a … Read more
Starbucks Corporation (NASDAQ: SBUX) on Tuesday reported a decrease in revenue and net profit for the first quarter of 2025. Net revenues declined modestly to $9.40 billion in the December quarter from $9.43 billion in the year-ago quarter. Global comparable store sales dropped 4%, reflecting a 6% decline in comparable transactions, which was partially offset … Read more
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