Starbucks shares drop as preliminary Q4 results show declining sales in US, China
Starbucks also suspended its full-year fiscal 2025 guidance, citing its transition to new CEO Brian Niccol and to allow time ...
Starbucks to streamline ‘overly complex’ menu, fix prices as sales dip
The company reported preliminary results for its fourth quarter on Tuesday, showing a year-over-year drop in revenue for the ...
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company’s same-store sales slid for its third consecutive quarter, fueled by a 10% tumble in traffic to its North ...
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Starbucks introduces new Wicked beverages and merch in Universal Pictures collab
In a collaboration with Universal Pictures, Starbucks is releasing new drinks and merchandise to celebrate the upcoming release of “Wicked,” the book-turned-musical-turned-movie prequel to “The Wizard ...
Starbucks hires former Chipotle exec amid plan to turn company around
Starbucks CEO Brian Niccol has hired a familiar face to lead the company's global branding efforts. Niccol, the former head ...
Starbucks shares slide after preliminary results show sales fell again
Starbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again. The company’s preliminary net ...
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CITIC to sell 19.23% stake in FFHL to Trustar
CITIC has entered an agreement to sell its 19.23% equity interests in FFHL to Trustar Fast Food Holdings in a deal valued at ...
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JCP urges Cheesecake to spin off three brands for growth
Activist investor JCP Investment Management has urged Cheesecake Factory to spin off three of its restaurant brands into a ...