Starbucks CEO Brian Niccol said on Monday the coffee chain has decided to eliminate 1,100 corporate roles.
Starbucks longs for the days when cafes were for sitting and sipping. But the growth of some competitors is a reminder that there's still money to be made in serving hot drinks quickly.
Starbucks is in a slump after a year of declining sales, boycotts and executive turnover. Now, the company has hired former Chipotle CEO Brian Niccol to turn the tide for the world's largest coffee chain.
Starbucks is shaking things up with a new approach to its cold drink cups. Instead of the usual clear plastic, many locations are now serving iced drinks in cold compostable cups—a big step toward cutting down on plastic waste.
In this podcast, Motley Fool analyst David Meier and host Dylan Lewis discuss:
Once upon a time, if you wanted a coffee stock you could rely on, that stock would be Starbucks. Starbucks has embarked on a journey back to its roots, and it still offers value for shareholders.
Starbucks Corporation SBUX is one of many companies that benefitted from Super Bowl LIX's record viewership on Sunday Feb. 9.
Starbucks (SBUX 0.14%) is a double-edged sword for investors right now. Shares have been on a run thus far in 2025, and the company managed to beat on earnings in its most recent quarter, but there's still a lot of work to be done.
The fight over businesses' diversity, equity, and inclusion (DEI) programs is heading to the courtroom. This week, a lawsuit was filed against coffee giant Starbucks over DEI practices which the suit claims break the law.That lawsuit, filed by Missouri Attorney General Andrew Bailey, a republican, says the chain is allowing race discrimination.
Brian Niccol, Starbucks' CEO, said the company is considering a large expansion in the Middle East and China. The brand will open 500 new outlets in the Middle East in the next five years, he said.
Republican attorney general files suit claiming – without evidence – coffee chain's hiring policies cause higher prices
The Investment Committee give you their top stocks to watch for the second half.