Latest Starbucks Coffee Company News & Updates

See the latest news and media coverage for Starbucks. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Starbucks Coffee Company (Starbucks)

Global coffeehouse chain and coffee retailer

starbucks.com
Headquarters
Seattle, United States
Company type
Public company
Number of employees
190,000+
Industry
Food Processing

Last updated

Latest news about Starbucks Coffee Company (Starbucks)

In short: Starbucks pursued its turnaround under CEO Brian Niccol amid store closures, union boycotts and China challenges.

Company announcements

Starbucks

Starbucks reports Q2 FY24 earnings

Revenue fell 1% while store count grew 6%. The company outlined five strategic priorities and updated full-year financial guidance.

Starbucks

Starbucks reports Q1 FY24 earnings results and guidance

Global net revenue reached $9.4 billion, up 8 percent year over year, with digital mix at 52% and store count growing 7 percent to over 38,000 locations.

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Media coverage

Bloomberg

Starbucks considering Chipotle acquisition proposal

According to FT reports, Starbucks is discussing a takeover bid for Chipotle with advisors. If realized, it could become one of the largest deals in the restaurant industry, and its stock price surged sharply.

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