STARBUCKS COFFEE COMPANY
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Recent Articles about STARBUCKS COFFEE COMPANY
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2025-04-29 (mononews.gr)
Starbucks: Lower of estimates profits and revenue - the first signs of success of the restructuring plan is seen by CEO - .gr
Starbucks announced for another quarter, but the company has been optimistic that the recovery strategy it has presented has begun to show the first signs of success. In particular, Starbucks reported revenue of $ 8.76 billion for the second quarter of its financial year, increasing 2% compared to last year, compared to $ 8.82 billion expected by analysts. Starbucks' sales in the same stores have been reduced for the fifth consecutive quarter as consumers in the US and China, its two largest markets, are looking for cheaper coffee options. The company announced customized profits, with the exception of 41 cents per share, against 49 cents expected by analysts. Starbucks has announced net profits of $ 384.2 million or $ 34 cents per share, down to half of $ 772.4 million or $ 68 per share, a year earlier. The functional
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2025-04-28 (portaltela.com)
Starbucks faces increasing challenges in China and evaluates future in the Asian market
Arbucks faces revenue drop in China and cost pressures, while new strategy seeks to restore brand identity.
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2025-03-31 (businessinsider.com)
Brian Niccol is shaking up Starbucks. Here's how he became one of the biggest names in the restaurant industry.
Brian Niccol led turnarounds at Taco Bell and Chipotle before becoming CEO of Starbucks. Here are the highlights of his career in restaurants.
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2025-03-09 (wsj.com)
Starbucks CEO Tells Us His Plan to Turn Around the Company
Starbucks is in a slump after a year of declining sales, boycotts, and executive turnover. Now, they've hired former Chipotle CEO Brian Niccol to turn the tide.
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2025-03-07 (inc.com)
Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.
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2025-01-20 (washingtontimes.com)
Starbucks planning corporate layoffs as part of turnaround - Washington Times
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff.
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2025-01-17 (bizjournals.com)
Starbucks CEO expects to make corporate cuts this spring
Starbucks is the state's 16th largest employer with more than 3500 corporate employees based at its Sodo headquarters and other regional offices.
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2024-10-14 (wsj.com)
Exclusive | Starbucks Scales Back Discounts Under New CEO
Starbucks is pulling back on promotions and discounts, an early move by Brian Niccol, the new chief executive officer, to reposition the coffee chain after a...
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2024-08-23 (seattletimes.com)
Starbucks' new CEO faces a venti-sized turnaround challenge
Brian Niccol inherits a company that has strayed far from its Seattle roots and faces multiple troubles, columnist Jon Talton writes.
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2024-05-06 (apnews.com)
Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle |
Former Starbucks CEO Howard Schultz says the company's leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.
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2024-02-26 (cnn.com)
In China’s battle of the lattes, Luckin Coffee keeps beating Starbucks | CNN Business
Luckin Coffee, the Chinese chain that has been rebuilding its business since a fraud scandal four years ago, has reported a commanding sales lead over rival Starbucks in the important China market.
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2022-10-27 (joins.com)
Starbucks Korea CEO Shinsegae has announced an annual personnel reshuffle
Shinsegae and Emart companies announced their annual personnel reshuffle on Thursday, nominating a new CEO to Starbucks Korea following the recent controversy of formaldehyde-infused giveaway products.
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