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Profit fell 50 percent in the quarter, and the company said one reason was its hiring of additional workers to help its turnaround strategy.
The coffee giant reported 41 cents in earnings per share—lower than the 49 cents estimates from analysts polled by FactSet.
The coffee chain says its new tech can cut in-store wait times by two minutes, as it has been struggling with slowing sales.
Starbucks (SBUX) is set to report its second-quarter results on Tuesday, April 29, and investors will keep their eyes on the ...
Starbucks China on Tuesday has unveiled its sugar-free flavored coffee products across more than 7,600 stores nationwide, allowing health-conscious customers to have greater control over the sweetness ...
Starbucks is gearing up to open its first 3-D printed location. Located in Brownsville, Texas, the 1,400-square-foot structure is built with layers of concrete. German company Peri-3D used a giant ...
Starbucks' "Back to Starbucks" strategy under Brian Niccol lacks substance, and stock performance has been disappointing.
Starbucks has seen 'early signs' that customers are choosing to stay at its coffeehouses longer to take advantage of the free ...
Reversed in January, some employees feel the policy reversal puts even more of a strain on already overworked and underpaid ...
CEO Brian Niccol’s goal to restore some of the coffee chain’s former homey feel includes baristas adding upbeat greetings and drawings on takeout cups. But the company just set some limits.
Starbucks, Schultz decided, would be the locus for a sense of community that Americans were missing. “He laid out the stores in a way that at least invited people to sit down and slow down,” says ...
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