Starbucks Corporation (SBUX)
Starbucks taps Nordstrom's Cathy Smith as CFO
Starbucks in the middle of a turnaround plan under Chief Executive Brian Niccol.
Starbucks nabs Nordstrom CFO in ongoing reshuffle
Starbucks Corp has poached Nordstrom chief financial officer Cathy Smith as the coffee shop chain continues to embark on turnaround efforts. Smith replaces longtime veteran Rachel Ruggeri, who had been at Starbucks for over 20 years and became chief financial officer in 2021.
Starbucks poaches Nordstrom CFO as executive shake-up continues
Nordstrom CFO Cathy Smith will join Starbucks, replacing its current chief financial officer Rachel Ruggeri. Starbucks CEO Brian Niccol has shaken up the leadership team since joining the coffee chain in September.
Meta (META) and Starbucks (SBUX) Show That Cutting Jobs Leads to Bonuses
[00:00:04] Doug McIntyre: So Meta, owner of owner, of Facebook, among other things founded by Zuckerberg in his room in Harvard, I think, in 2004 is now the second richest man in the world.
Bubble Tea Firm Mixue Surges After IPO, Making Founders Richer Than Starbucks Ex-CEO Schultz
Mixue Group, China's largest bubble-tea chain, surged in its Hong Kong trading debut after individual investors flocked to the company's blockbuster initial public offering. Founder Zhang Hongchao and his younger brother Zhang Hongfu have seen their combined fortune rise to $8.1 billion — more than what ex-Starbucks CEO Howard D.
Up 47% This Year, Is Dutch Bros Stock the Next Starbucks?
Starbucks has been going through a rough patch. Comparable-store sales growth -- an important metric for restaurants that measures revenue growth from existing locations -- has been negative for four straight quarters.
2 Future Dividend Aristocrats That Just Hit New 52-Week Highs
Dividend growth stocks are a fantastic choice for investors who want to build wealth steadily over time.
Starbucks Shifts Away From Discounts, Toward Premium
On January 28, 2025, Starbucks (SBUX 0.53%) held its first-quarter fiscal year 2025 earnings conference call. The call marked an important checkpoint in new CEO Brian Niccol's "Back to Starbucks" turnaround strategy, focusing on restoring the company's core identity as a premium coffeehouse experience.
Starbucks (SBUX) Up 4.1% Since Last Earnings Report: Can It Continue?
Starbucks (SBUX) reported earnings 30 days ago. What's next for the stock?
Starbucks layoffs impact more than 600 workers in Washington state
Layoffs at Seattle-based coffee giant Starbucks will impact 612 workers in Washington according to a new filing from the state's Employment Security Department on Thursday.
Starbucks: Buy Now, The King Is Back
Starbucks' stock is up nearly 20% since our last article, driven by strong Q1 earnings and new CEO Brian Niccol's strategic changes. Niccol's focus on product quality, menu simplification, and reduced discounting is revitalizing Starbucks, positioning it for long-term growth despite recent financial challenges. We project 25-30% EPS growth through 2028, making current valuations attractive even with a premium P/E ratio, justifying our 'Buy' rating.
Starbucks is struggling to grow sales in China. Here's why
Starbucks is facing competition from lower priced alternatives while the Chinese consumer is under increased economic pressure.
