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Will Starbucks' (SBUX) value-based bets of 2009 -- the "new day" the company has advertised on sweet welcome signs on its store doors, in splashy reveals in New York and Seattle, in glossy ads ...
Starbucks' normalized earnings per share grew at an average rate of 19.9% per year from 2001 until today. That's far faster than what other fast-food outlets like McDonald's ( NYS: MCD ) or Yum!
The history of Starbucks has been a storied one since the company's beginning, and the latest chapter is shaping up to be an exciting one indeed. The company reported earnings last Thursday, and ...
In 2009, Starbucks began beta testing its mobile app for the Starbucks card, a stored value system in which consumers access pre-paid funds to purchase products at Starbucks. [141] Starbucks released its complete mobile platform in January 2011. [142] [143] By December 2011, the number of mobile transactions exceeded 26 million. [144]
Starbucks Rewards members increased 4% year over year to 33.8 million in Q4, in line with Q2. It has yet to return to the 34.3 million in Q1. Earnings breakdown
During his tenure, Starbucks enjoyed record growth, including five straight years of 20%+ annual earnings increases. [9] In 2009, in an effort to reverse its ailing fortunes, Haggen Food & Pharmacy named Donald president and CEO. [citation needed] Within two years Haggen was sold to Comvest Group. The new owners replaced Donald as CEO.
Combined with a 60-basis-point contraction in operating profit margins (to 16.7%), this drop in sales caused Starbucks' earnings to fall even faster than sales did -- down 6% year over year.
Starbucks (NAS: SBUX) reported earnings on July 26. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended July 1 (Q3), Starbucks met expectations on revenue and missed ...