Starbucks Reports Weak Earnings as It Tries to Woo Back Customers
That showed in the company’s results. While improving, revenues and same-store sales were still lackluster, as Starbucks tries to woo back customers that were frustrated with long wait times, among other issues.
Starbucks Stock Jumps Despite Weak Earnings. Wall Street Looks Beyond 2025.
Under its new CEO, Starbucks is spending heavily to make itself a more welcoming coffeehouse with faster service.
Starbucks Stock Pops as Turnaround Efforts Lead to Earnings Beat: What to Know
Starbucks stock is higher Wednesday after the coffee chain beat expectations for its fiscal first quarter as its "Back to Starbucks" efforts take shape.
Starbucks Earnings Top Expectations as New CEO’s 'Back to Starbucks' Plan Unfolds
Key Takeaways Starbucks reported fiscal first-quarter results that topped analysts’ expectations, despite sales and profit declines year-over-year.The better-than-expected results came as new CEO Brian Niccol said the company made progress toward its "Back to Starbucks" strategy.
Starbucks Q1 Earnings Beat Expectations Despite Sales Decline
Starbucks Corporation (NASDAQ:SBUX) reported better-than-expected fiscal first-quarter results, with shares climbing over 3% in after-hours trading. The coffee giant posted earnings per share of $0.69 on revenue of $9.
Starbucks beats low earnings expectations for its first quarter under new CEO
As part of CEO Brian Niccol's Back to Starbucks plan, the company is making changes to get loyal customers back in the door.
Starbucks beats earnings expectations, but sales still slipped
Starbucks (SBUX) reported a decline in same-store sales for the fourth straight quarter. However, the company’s earnings and revenue beat Wall Street’s expectations. Shares of Starbucks popped by more than 4% in after hours trading.
Starbucks CEO Brian Niccol earned a $5 million bonus after 1 month on the job—and will collect another $5 million in March
Brian Niccol stands to earn $10 million in signing bonuses after a "dogged pursuit" to convince him to lead the company.
Who is Mellody Hobson, the Starbucks director who resigned after 20 years at the company
Mellody Hobson’s resignation as lead independent director of the Starbucks Corporation Board marks the end of an era for the ...
Former Starbucks Chair Mellody Hobson to Step Down as Director
The lead independent director and former chair of the board at Starbucks, Mellody Hobson, isn't standing for reelection at ...
Starbucks lead independent director Mellody Hobson to step down
Coffee giant Starbucks said on Thursday that Mellody Hobson, the lead independent director of its board, will depart after a ...
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Mellody Hobson is retiring as a Starbucks director
The longtime board member last year ceded the chairman title to Brian Niccol and was instrumental in recruiting him to the ...
Mellody Hobson Exits Starbucks After 20 Years Of Leadership
Starbucks' Lead Independent Director Melloda Hobson is stepping down from her post after nearly 20 years with the coffee ...
Starbucks director Hobson to leave board after two-decade tenure
US financier Mellody Hobson is stepping down from the board of Starbucks months after leading an effort to replace its former chief executive during a tumultuous time for the world’s largest coffee ...
Stifel raises Starbucks stock price target to $114
Stifel analysts showed optimism for Starbucks stock (NASDAQ:SBUX), as they increased the price target to $114 from the ...
Starbucks Hands New CLO Hefty Raise, Says He Fosters 'Environment of Courage and Joy'
Brad Lerman has helped the company navigate a litany of sticky situations, including the firing of its CEO, a proxy battle ...
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Starbucks Corporation (SBUX)
SEATTLE, October 22, 2024--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors approved an increase in the company’s quarterly cash dividend from $0.57 to $0.61 per ...
Starbucks will cut jobs as part of turnaround effort
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...