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SBUX / Starbucks 2Q earnings come in piping hot as China sales top expectations

Starbucks 2Q earnings come in piping hot as China sales top expectations
Starbucks Corp (NASDAQ:SBUX) outperformed Wall Street's expectations for both profit and sales when it reported its results for the second quarter fiscal 2023 after the closing bell on Tuesday.  For the quarter ended April 2, 2023, the Seattle-based coffee chain reported a 25% year-over-year jump in adjusted earnings per share to $0.74, above the expected $0.64. Read More
Posted: May 2 2023, 16:52
Author Name: Proactive Investors
Views: 111724

SBUX News  

Starbucks unveils efficiency plan, hopes to save $3 billion

By Yahoo Finance
November 4, 2023

Starbucks unveils efficiency plan, hopes to save $3 billion

This segment previously aired on November 3, 2023. Starbucks (SBUX) will roll out a reinvention and efficiency strategy over the next three years, hop more_horizontal

Starbucks says it's fixing a customer frustration: ordering drinks to the wrong pickup location

By Business Insider
November 3, 2023

Starbucks says it's fixing a customer frustration: ordering drinks to the wrong pickup location

Starbucks says it's rolling out a fix to prevent customers from ordering drinks to the wrong pickup location. Mistakenly placed orders aren't just in more_horizontal

Starbucks Taps Additional Rewards Partnerships to Widen Loyalty Audience

By PYMNTS
November 3, 2023

Starbucks Taps Additional Rewards Partnerships to Widen Loyalty Audience

Starbucks is adding two new rewards partners to grow loyalty engagement and reach new customers. The world's largest restaurant chain by revenue share more_horizontal

Starbucks to add 17,000 locations by 2030, cut costs by $3 billion

By New York Post
November 3, 2023

Starbucks to add 17,000 locations by 2030, cut costs by $3 billion

Starbucks announced plans to expand its global footprint with 17,000 new locations by 2030 -- while cutting $3 billion in costs within the next three more_horizontal

Starbucks CEO Laxman Narasimhan talks Q4 earnings with Jim Cramer

By CNBC Television
November 2, 2023

Starbucks CEO Laxman Narasimhan talks Q4 earnings with Jim Cramer

Starbucks CEO Laxman Narasimhan talks with 'Mad Money' host Jim Cramer to talk Q4 earnings, the shift from fall to winter flavors, what's ahead for th more_horizontal

Starbucks helped build the coffee industry in China, says CEO Laxman Narasimhan

By CNBC Television
November 2, 2023

Starbucks helped build the coffee industry in China, says CEO Laxman Narasimhan

Starbucks CEO Laxman Narasimhan talks with 'Mad Money' host Jim Cramer to talk Q4 earnings, the shift from fall to winter flavors, what's ahead for th more_horizontal

Starbucks CEO rolls out ‘triple shot' strategy for growth

By Fox Business
November 2, 2023

Starbucks CEO rolls out ‘triple shot' strategy for growth

Chief executive of Starbucks Laxman Narasimhan is looking to boost the coffeehouse chain's growth with a strategy unveiled Thursday evening. more_horizontal

Starbucks wants to have 55,000 stores by 2030 — and expects to pay its workers more long before then

By Market Watch
November 2, 2023

Starbucks wants to have 55,000 stores by 2030 — and expects to pay its workers more long before then

Starbucks' abundance of stores stopped being a punchline years ago. But the coffee chain on Thursday said there was, somehow, still room for even more more_horizontal


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