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Starbucks Says August U.S. Comp Sales Growth For Company-Operated Stores Was Negative 11%
Temasek Holdings (Private) Ltd Takes Share Stake In Starbucks Corp, Pinduoduo
Starbucks Says Comparable Store Sales Will Substantially Recover In China And U.S. In Fiscal 2021
Starbucks Corp is a coffee roaster and retailer of specialty coffee with operations in approximately 82 markets around the world. The Company has over 32,000 Company-operated and licensed stores. It operates through three segments: Americas, International and Channel Development. It also sells a variety of coffee and tea products and license its trademarks through other channels, such as licensed stores, grocery and foodservice. It purchases and roasts coffees that it sells, along with handcrafted coffee, tea and other beverages and a variety of food items through Company-operated stores. In addition to its flagship Starbucks Coffee brand, it sells goods and services under various brands, including Teavana, Seattle’s Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve and Princi.
2401 Utah Ave S
Myron E. Ullman
Independent Chairman of the Board
Kevin Ronald Johnson
President, Chief Executive Officer, Director
Mellody L. Hobson
Independent Vice Chairman of the Board
Patrick J. Grismer
Chief Financial Officer, Executive Vice President
Group President - International, Channel Development and Global Coffee & Tea
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Nestle <NESN.S> will do more acquisitions, also big ones, the food giant's chief financial officer said on Wednesday.
Nestle will do more acquisitions, also big ones, the food giant's chief financial officer said on Wednesday.
Starbucks Corp <SBUX.O> said on Tuesday it will add plant-based food and beverages to menus across Asia from September, including products from Impossible Foods, Oatly and Beyond Meat Inc <BYND.O>, as it targets more environment-conscious diners.
Starbucks Corp's <SBUX.O> South Korean unit is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional campaign after 50 cases were linked to one of its stores outside of Seoul.
Starbucks Corp's South Korean operation is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional event after nearly 50 cases were linked to one of its stores outside of Seoul.
Starbucks Corp's <SBUX.O> business is "steadily recovering" worldwide as most of the coffee chain's stores have reopened with the easing of coronavirus-led restrictions, it said on Tuesday.
Starbucks Corp on Tuesday reported a smaller-than-expected drop in quarterly comparable store sales as more people used its drive-thru and delivery options to buy coffee and food during coronavirus-driven lockdowns.
Chinese Starbucks customers can order the coffee chain's drinks on Alibaba's Taobao marketplace and mobile map app Amap, the companies said on Tuesday, expanding a partnership signed in 2018.
Starbucks Corp said on Thursday customers would have to wear face coverings at all company-owned U.S. stores, starting July 15, to contain the spread of the novel coronavirus.
Starbucks Corp <SBUX.O> will pause advertising on all social media platforms as it explores the best ways to help stop the spread of hate speech, the company said in a statement on Sunday.
Starbucks Corp <SBUX.O> said on Wednesday it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the year even as nearly all its cafes have reopened following easing of coronavirus lockdowns.
Starbucks Corp on Wednesday forecast its third-quarter operating income to plunge by about $2.2 billion, hit by coronavirus-induced store closures.
Starbucks Corp <SBUX.O> said on Thursday it had regained nearly two-thirds of its comparable U.S. store sales from the prior year, as it reopened stores and modified operations due to the coronavirus-related restrictions.
Italians will be able to grab a cup of their favourite Starbucks <SBUX.O> coffee again after the group said on Monday it would reopen its Italian cafes, with the exception of its flagship location in central Milan.
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Starbucks Corp <SBUX.O> said on Monday it would begin a phased reopening of 150 of its drive-thru locations and some takeaway-only stores in the United Kingdom as the country eases coronavirus-led restrictions on road travel.
Starbucks Corp said on Monday it would begin a phased reopening of all its drive-thru locations and some takeaway-only stores in the United Kingdom as the country eases coronavirus-led restrictions on road travel.
Starbucks Corp <SBUX.O> said on Tuesday it sees sales in China, the company's biggest growth market, recovering by the end of September, following a massive drop in same-store sales in the current quarter on fallout from the coronavirus pandemic, which forced Starbucks to...
Starbucks Corp said on Tuesday it expects comparable sales in China in the current quarter to decline between 25% and 35%, hurt by the coronavirus pandemic that has forced it to close stores and limit operations.
Slumping sales at big fast food chains could get a boost as hungry and restless customers spend stimulus checks after long lockdowns, analysts and some operators said ahead of quarterly earnings that will show the extent of damage from the coronavirus slowdown.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.