Starbucks helped build the coffee industry in China, says CEO Laxman Narasimhan
Starbucks CEO Laxman Narasimhan talks with 'Mad Money' host Jim Cramer to talk Q4 earnings, the shift from fall to winter flavors, what's ahead for the chain and more.
Starbucks CEO rolls out ‘triple shot' strategy for growth
Chief executive of Starbucks Laxman Narasimhan is looking to boost the coffeehouse chain's growth with a strategy unveiled Thursday evening.
Starbucks wants to have 55,000 stores by 2030 — and expects to pay its workers more long before then
Starbucks' abundance of stores stopped being a punchline years ago. But the coffee chain on Thursday said there was, somehow, still room for even more of them.
Starbucks CEO targets growth in China after years of slowdowns from Covid restrictions
Starbucks CEO Laxman Narasimhan spoke with CNBC's Jim Cramer on Thursday about the company's business in China.
S&P 500 Gains and Losses Today: Starbucks Shares Jump Following Profit Record
U.S. equities posted strong gains Thursday, with the S&P 500 rising 1.9% amid optimism that the Federal Reserve might be finished raising interest rates in its effort to bring down prices.
Starbucks aims to save $3 billion over the next three years
Starbucks Corp. SBUX, +9.48% late Thursday detailed plans to save $3 billion in three years, become bigger overseas, and double its reward members within five years. The goals are “elevating the St...
Starbucks unveils plan to add 17,000 locations by 2030, cut $3 billion in costs
The announcement marks the latest stage in the company's broader "reinvention" strategy, which was laid out by former CEO Howard Schultz.
Starbucks Leverages 75 Million Digital Customers to Navigate Economic Challenges
As many restaurant brands feel consumers pull back among ongoing financial difficulties, Starbucks is leveraging its extensive digital user base to weather the storm. The world's largest restaurant...
Starbucks is underrated, says Ritholtz's Josh Brown
Josh Brown, Kari Firestone, and Jim Lebenthal join 'Halftime Report' to discuss how long the current stock market rally will last, the state of regional banks, and more.
Why Starbucks Stock Popped This Morning
Starbucks is growing faster than expected, mostly due to strength in North America. China's recovery is still lagging and its keeping the company's earnings from reaching their full potential.
Starbucks stock shoots higher on 4Q revenue and earnings beat
Starbucks Corp (NASDAQ:SBUX) has reported fourth-quarter revenue and earnings that came in well ahead of analysts' expectations as it brewed more latte's, sending its share higher on Thursday morni...
Starbucks Stock Eyes Best Day Since 2020 After Earnings
Starbucks Corp (NASDAQ:SBUX) announced better-than-expected fiscal fourth-quarter results, as consumers struggling with high inflation sought "affordable luxuries" in its coffee offerings.
Starbucks (SBUX) Q4 Earnings and Revenues Surpass Estimates
Starbucks (SBUX) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.81 per share a year ago.
Starbucks beats on the top and bottom line as customers buy up pricier drinks
CNBC's Andrew Ross Sorkin reports on the company's quarterly earnings results.
Starbucks' stock soars 7% after earnings crush estimates
Starbucks Corp.'s stock SBUX, -0.96% soared 7% in premarket trade Thursday, after the coffee store chain posted better-than-expected earnings for its fiscal fourth quarter. The company had net inco...
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