News
Starbucks (NASDAQ:SBUX) broke higher in Monday trading after the U.S. and China agreed to lower tariffs. Investors may be ...
Starbucks CEO Brian Niccol faces new challenges as Chinese coffee chains like Luckin and Chagee expand into the US market.
The company plans to hire additional employees across 1,500 to 2,000 US stores by May, expanding to 3,000 by year-end.
Meanwhile, Niccol said Starbucks remains committed to growing its China business over the long term. Overall revenue rose 2% to $8.72 billion as it continues to increase its store base.
International comps were a bright spot, rising 2% on a 3% rise in transaction counts, but China's comps were flat. One big problem that Starbucks struggled through was a 12% rise in store ...
Q2 2025 Earnings Conference Call April 29, 2025 5:00 PM ETCompany ParticipantsTiffany Willis - SVP of IRBrian Niccol ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results