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STARBUCKS SALES FORECAST
Starbucks raises annual forecasts again as turnaround takes rootStarbucks has raised its annual sales and profit forecasts again. The company's turnaround strategy has reignited demand and improved custo...- Starbucks to cut 61 technology jobs in SeattleStarbucks is making headlines with the announcement of 61 tech job reductions at its Seattle HQ, signaling a pivotal phase in the company’s...
- Gloomy retail earnings show consumers are feeling the pinch of US tariffsLackluster quarterly results from consumer-facing companies including McDonald's and Harley-Davidson are the latest sign that American shop...
- Starbucks' better-than-expected results point to turnaround taking rootStarbucks reported a smaller-than-expected fall in first-quarter comparable sales, signaling early benefits from CEO Brian Niccol's revival...
- Starbucks weighs strategic partnerships for China operationsStarbucks is looking for ways to improve its business in China. The company is considering selling a part of its Chinese business to a loca...
- Wall street ends lower ahead of megacap earningsU.S. stock indexes fell on Wednesday due to tumbling chip stocks. Microsoft and Meta Platforms reported better-than-expected quarterly reve...
- Blue Tokai Coffee gets a Verlinvest flavourVerlinvest is set to invest Rs 200 crore in Blue Tokai Coffee Roasters at a Rs 1,200-crore valuation. Existing investors Hemendra Kothari’s...
- Starbucks' new CEO arrives with more powerNiccol, who is leaving Chipotle Mexican Grill, will become CEO and chairman the moment he joins Starbucks on September 9. By contrast, Laxm...
- It's coffee as usual for Starbucks in India: Appointment of new chairman won't alter plansStarbucks' abrupt leadership change won't affect Tata Starbucks' Indian expansion plans, per Tata Consumer Products CEO Sunil D'Souza. The ...
- Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
- Under pressure from the board, Starbucks turns to Chipotle's Niccol as CEO; shares soarStarbucks has appointed Brian Niccol, previously Chipotle's CEO, as its new leader, replacing Laxman Narasimhan. Known for turning around C...
- US stocks rise as inflation pressures ease and Starbucks soars with new CEO appointmentWall Street opened higher on Tuesday after producer prices data showed abating inflation pressures, keeping the Federal Reserve on track to...
- India's consumer market represents long-term structural opportunity: N ChandrasekaranTata Consumer Products Ltd Chairman N Chandrasekaran highlighted India's consumer market as a long-term structural opportunity, driven by f...
- DoorDash posts better-than-expected Q1 sales but shares fall on cost concernsDoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. ...
- Starbucks shares plunges 15%, hit two-year low as China, US demand clouds outlookShares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent we...
- Starbucks Q4 Results: Co posts record fourth-quarter revenue after opening hundreds of new storesThe Seattle coffee giant opened 816 net new stores in the quarter, ending its fiscal year with more than 38,000 stores worldwide
- Wall St touches two-week high on bets of end to Fed's rate hikesAll 11 major S&P 500 sectors were trading higher, with real estate and consumer discretionary leading gains. Traders pared back the risk of...
- Must-reads from the week: 5 auto stocks to bet on, why a weaker rupee may be good and how Barista is quietly expandingA rundown of the five most important, popular and interesting stories on ET Prime this week.
- Starbucks Q2 profit falls 28%, US store traffic declinesStarbucks Corp says its fiscal second-quarter profit fell 28 percent as US consumers responded to rising food and gas prices by making fewe...
- Without Clooney, Nestle may find it hard to sell Nespreso in USIn Europe, Nestle has made Nespresso its fastest-growing brand by promoting it as sexier than George Clooney, who endorses the espresso in ...
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