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Starbucks plans to reduce beverage and food offerings on the menu by 30% by the end of this fiscal year. The company recently canceled the extra charge on non-dairy milks and paused price increases.
Starbucks' overall revenue is up 11% to nearly $9.4 billion, higher than the $9.28 billion expected from Wall Street, while adjusted earnings per share came in at $1.06, which also beat estimates ...
Starbucks' most recent quarter showed a 4% drop in global same-store sales as the company pulled back on discounts and consumers shunned the long lines at the chain. North America and US same ...
But despite holding that highly-coveted title, the coffee giant is facing its fair share of financial struggles in 2024.The company just released its latest quarterly earnings results, reporting ...
The news followed Starbucks’s blowout earnings, where the company saw quarterly sales jump 11.4% to $9.37 billion and adjusted earnings of $1.06 per share (handily beating analyst estimates of ...
But the earnings results suggest the pricing conundrum has to be fixed. Starbucks' most recent quarter showed a 4% drop in global same-store sales as the company pulled back on discounts and ...
Starbucks posted mixed fiscal third-quarter results on Tuesday after market close. Starbucks misses Q3 comparable same-store sales estimates, China sees 46% sales growth [Video] Skip to main content
Starbucks CEO Brian Niccol said the coffee giant will cut 30% of its menu offerings this year. In an earnings call, Niccol told investors the cuts are part of Starbucks' plan to streamline service.