Starbucks Corporation (SBUX)
Starbucks' turnaround plan seems to be working
Starbucks reported first-quarter earnings late Tuesday. The results beat expectations, although comparable sales still fell.
Starbucks' quarterly sales fall — but not as much as expected
Shares of Starbucks Corp. rallied after hours Tuesday after the coffee chain reported quarterly results that beat expectations, as it tries to revive sales following a year marked by cautious consumers.
Starbucks is about to report earnings. Here's what to expect
Starbucks sales have slumped as consumers in the U.S. and China, its two largest markets, have opted to get their caffeine fix elsewhere. CEO Brian Niccol outlined some early steps to turn around the business on the company's last earnings call.
Earnings Preview: What To Expect From Starbucks
Starbucks is scheduled to report earnings after today's close. The stock hit a record high of $126.32/share in 2021 and is currently trading near $99/share.
Starbucks shakes up its leadership again, adding two former Taco Bell executives
Starbucks is adding two more Taco Bell alumni to its leadership team. CEO Brian Niccol said the company is changing the operating model for its retail team, which led to the shakeup.
Harbour: Small changes in US Starbucks stores are promising
Brian Harbor, Equity Analyst at Morgan Stanley, maintains an optimistic price target for Starbucks, despite expecting US and China same-store sales to decline. He believes the turnaround will gain momentum in the coming quarters, with improvements in traffic growth, corporate cost structure, and earnings.
Starbucks' North American president to step down
Starbucks said on Tuesday its North American president Sara Trilling would be stepping down after nearly three years at the role.
How To Earn $500 A Month From Starbucks Stock Ahead Of Q1 Earnings
Starbucks Corporation SBUX will release its first-quarter financial results, after the closing bell, on Tuesday, Jan. 28, 2025.
Restaurants are rebounding — but Starbucks and McDonald's still have work to do
Starbucks is expected to report its quarterly earnings, kicking off several weeks of reports from publicly traded restaurant companies. Investors are anticipating improving demand for restaurants as industry data and several preliminary reports suggest that the year ended on a high note.
Starbucks Expected to Post Earnings Drop Due to Turnaround Plan
Under its new CEO, Starbucks is spending heavily to make itself a more welcoming coffeehouse with faster service.
Starbucks Baristas Will Write Your Name—Or Something Like It—On Your Cup Again
Starbucks (SBUX) is making sweeping changes this week that longtime customers of the coffee chain should find familiar.
Expert: Starbucks Faces Tension Between Pulling Back on Promos and Aggressive Marketing Efforts
Ahead of Starbucks' first-quarter earnings call on Tuesday (Jan. 28), company officials are taking steps to address declining sales and traffic with a series of policy changes. Starting Monday (Jan. 27), Starbucks reinstated condiment bars and return to barista-written names on cups, aiming to recapture the classic coffeehouse experience and improve service efficiency.
