Starbucks Sees ‘Rapidly Evolving’ Consumer Preferences
The coffee chain said it expects to accelerate the development of pickup locations in major U.S. cities over the next 18 months.
Starbucks Shares Fall as Q2 Earnings Halve Amid Pandemic
The coffee giant also withdrew its outlook for fiscal 2020.
Coronavirus Outbreak Impacting Global Business
Companies are cutting operations and restricting nonessential travel to mainland China as the virus spreads.
Starbucks Lays Out Sweeping Goals to Combat Climate Change
By 2030, the coffee chain wants to cut carbon emissions in half and reduce half of its waste.
J.P. Morgan Downgrades Starbucks to Neutral
The company’s rating was lowered after the stock climbed over 90% in the past 12 months.
Luckin Coffee Set for IPO
The Chinese challenger to Starbucks is going public soon after being in operation for only 19 months.
Starbucks Same-Store Sales Pick Up Steam
The coffee chain posts a third straight quarter of accelerating sales growth, indicating its streamlining efforts are paying off.
Investors and the public will no longer tolerate personal misconduct by executives. Now, boards have to do the same.
CFOs on the Move: Week Ending Oct. 12
Stein Mart, Dominion Energy, Starbucks, Manitex, 8x8, Perma-Pipe, Sikich, AgroFresh, Primoris
Starbucks Names Hyatt’s Pat Grismer as CFO
The veteran finance executive has extensive restaurant experience, including nearly four years as CFO at Yum Brands.
CFOs on the Move: Week Ending June 29
Starbucks, International Paper, Enphase Energy, Royal Gold, Herc Holdings, Powell Industries, Shiloh Industries, Enviva Partners, Quantum