Motley Fool89d agoneutral
Starbucks is Set to Lay Off 300 Corporate Employees as Part of Its Turnaround StrategyStarbucks continues to move forward with its turnaround plan.
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GuruFocus.com89d agobearish
Starbucks Cuts 300 Corporate Jobs and Takes $400M Restructuring ChargeOffice closures in Atlanta, Burbank, Chicago and Dallas drive $280 million of the charge
MT Newswires90d agoneutral
Sector Update: Consumer Stocks Softer Late AfternoonConsumer stocks were lower late Friday afternoon, with the State Street Consumer Staples Select Sect
Reuters Videos90d agobearishVIDEO
Starbucks cuts 300 US corporate jobs and closes some regional offices<body><p>STORY: Starbucks on Friday said it is cutting 300 U.S. corporate jobs as it seeks to return to what it called, "durable, profitable growth." </p><p>:: Archive</p><p>The coffee chain will close several regional offices, including locations in Atlanta, Burbank, Chicago and Dallas.</p><p>:: Starbucks Handout</p><p>It's also reviewing its international support teams, and expects more job cuts outside the U.S.</p><p>The latest round of job cuts at Starbucks - which included last year's elimination of 1,100 corporate roles - comes amid CEO Brian Niccol's turnaround strategy focused on improving customers' in-store experiences.</p><p>:: Starbucks Handout</p><p>The layoffs therefore do not affect Starbucks coffeehouses, where the company is actually investing heavily in more barista staffing.</p><p>Starbucks last month posted its strongest quarterly sales growth in more than two years, but margins have dropped sharply since late 2024.</p><p>Under an incentives plan approved last summer, top Starbucks executives could receive up to 6 million dollars each if cost-cutting targets are met by 2027. </p><p>Even as it cuts costs, Starbucks is investing 100 million dollars to expand in the Southeast, including a new support hub in Nashville that could employ up to 2,000 people over the next five years.</p></body>
MT Newswires90d agoneutral
Starbucks to Cut 300 US Support Jobs, Consolidate Regional OfficesStarbucks (SBUX) said Friday that it will cut 300 US support jobs as the coffee giant consolidates r
Investing.com90d agobearish
EXCLUSIVE - Starbucks plans more overseas job cuts after slashing 300 U.S. rolesInvesting.com -- Starbucks is laying off around 300 U.S. support roles and is reviewing its international support organization as it expects to cut more jobs outside of the country.
MT Newswires90d agobearish
Update: Starbucks Assessing Locations, Plans Job Cuts Amid Ongoing Restructuring(Updates with response from a Starbucks spokesperson in the fifth and sixth paragraphs.) Starbuck
Nation's Restaurant News90d agoneutral
Starbucks is laying off another 300 workersThe coffeeshop chain, which last month laid off 61 technology employees, is also consolidating some of its regional support offices
Yahoo Finance90d agobearish
Starbucks says it's laying off 300 US employees, hints at more job cuts to comeThe change in staff is about 3% of its US corporate workforce.
Quartz90d agobearish
Starbucks cuts 300 U.S. corporate jobs, closes regional officesThe coffee chain expects $400 million in restructuring charges as it closes offices in Atlanta, Burbank, Chicago, and Dallas
Associated Press90d agoneutral
Starbucks to lay off 300 US corporate workers and close regional officesStarbucks said Friday it’s laying off 300 corporate employees and closing some U.S. offices as part of its ongoing turnaround. The cuts will impact employees in support functions like marketing, human resources and supply chain management. No international employees are affected for now, but Starbucks said it is also reviewing its corporate structure outside the U.S.
Fox Business90d agoneutral
Starbucks to cut 300 US jobs, close some regional support officesStarbucks said on Friday that it is slashing 300 U.S. support roles and closing some regional offices as part of its Back to Starbucks turnaround strategy.
The Wall Street Journal90d agobearish
Starbucks Cuts Hundreds More Corporate Workers in Turnaround BidStarbucks is laying off 300 U.S. workers and closing several regional corporate offices in the latest move by Chief Executive Brian Niccol to turn the coffee chain around. Starbucks said the 300 U.S. corporate roles are based in Seattle along with remote positions scattered around the country. The company said it is closing regional corporate offices in Chicago, Atlanta, Dallas and Burbank, Calif. It will maintain North American regional offices in New York, Toronto and Coral Gables, Fla., along with its Seattle headquarters and a new Nashville, Tenn., corporate hub.
Restaurant Dive90d agoneutral
Starbucks to cut 300 jobs, close 4 support centersDespite improved sales and the impending opening of a secondary headquarters in Nashville, the coffee chain is undertaking its third round of layoffs under CEO Brian Niccol.
Benzinga91d agoneutral
Only 39% Of Consumers Trust AI For Purchases, Yet Starbucks Is Using ChatGPT To Pick Your Next DrinkChatGPT is becoming a new way for Starbucks (NASDAQ:SBUX) customers to discover drinks, even as most consumers still do not trust artificial intelligence to make everyday purchases. Only 39% do, according to research from The Harris Poll conducted with Quad...
Zacks91d agoneutral
Starbucks' Margin Recovery Takes Shape: Can Cost Leverage Build?SBUX's Q2 FY26 margin rises 110 bps to 9.4%, and EPS jumps 22%, with cost savings and moderating pressures key to sustaining earnings leverage.
24/7 Wall St.91d agobullish
TD Cowen Just Upgraded Starbucks to Buy: Margin Recovery, Sales Drivers Power Comeback StoryOne of Wall Street’s top firms just put its stamp of approval on the Starbucks (NASDAQ:SBUX) comeback story. TD Cowen upgraded Starbucks to Buy from Hold and raised its price target to $120 from $106, calling out “numerous tangible drivers” that should fuel positive sales revisions against a strong category backdrop. The call lands as ... TD Cowen Just Upgraded Starbucks to Buy: Margin Recovery, Sales Drivers Power Comeback Story
Barchart91d agoneutral
Stocks Push Higher on Strength in Tech and a Solid US Retail Sales ReportThe S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
Investing.com91d agobullish
Starbucks stocks pops as TD Cowen upgrades to Buy on expected margin recoveryInvesting.com -- TD Cowen has upgraded Starbucks to Buy and raised its price target to $120, arguing that the coffee chain's turnaround is still in its "early innings" with multiple drivers that could push earnings and margins above Wall Street expectations over the next two and a half years.
24/7 Wall St.91d agoneutral
Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool, Wix.com, and MorePre-Market Stock Futures: Futures are trading higher on Thursday after another wild day on Wall Street, during which the major indices moved in different directions. Another round of disturbing inflation data hit the tape as the Producer Price Index for April came in at 1.4%, the largest move higher in four years, while Producer prices ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool,
Barchart91d agobullish
Stocks Rise Before the Open as Tech Rally Rolls On, U.S. Retail Sales Data and Trump-Xi Summit in FocusJune S&P 500 E-Mini futures (ESM26) are up +0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.30% this morning, pointing to further gains after a tech-led rally in the previous session, while investors monitor developments from the U.S.-China talks and await a fresh batch of U.S. economic data, with particular attention on retail sales figures.
24/7 Wall St.92d agoneutral
From Bill Gates to Tim Cook: 7 Iconic CEOs Who Chose Executive Chair Over RetirementIconic founders and long-tenured CEOs rarely walk away entirely. They migrate to the executive chairperson seat, retaining board voting power, equity alignment, and strategic influence. The pattern signals whether a handoff is clean and time-boxed or whether it carries shadow-CEO risk and strategic drift. Here is how seven landmark transitions compare. 7. Bill Gates, Microsoft ... From Bill Gates to Tim Cook: 7 Iconic CEOs Who Chose Executive Chair Over Retirement
Yahoo Finance93d agoneutral
Coffee prices keep rising, and chains like Dutch Bros are swallowing most of the costsRising coffee prices are eating into margins at coffee chains like Dutch Bros and Starbucks, which are being cautious about raising prices on inflation-weary consumers.
Investor's Business Daily93d agoneutral
Whip Up Profit From Starbucks Stock Using Cheaper-Than-Usual OptionsStarbucks stock is showing extremely low implied volatility, setting up an opportunity to profit from a long strangle options trade.
The Tennessean93d agoneutral
Tennessee lawmakers debate $30M incentive deal with StarbucksThe state of Tennessee is weighing a $30 million economic development grant for Starbucks tied to the company's forthcoming Nashville corporate office
Yahoo Finance Video93d agobullishVIDEO
Tomato prices have surged 40% since 2025: April CPIThe Consumer Price Index (CPI) rose 0.6% month-over-month and 3.8% year-over-year (higher than expected) in April, as reported by the Bureau of Labor Statistics (BLS) on Tuesday morning. Core CPI — which excludes the inflation seen in food and energy prices — rose 0.4% monthly and 2.8% annually. Yahoo Finance Senior Reporter Brooke DiPalma comes on Market Catalysts to discuss the foods and consumer categories. that saw the biggest price increases and declines last month.
Yahoo Finance Video93d agoneutralVIDEO
The fast food stocks benefitting from value, premium offeringsFast food companies reported strong first quarter earnings, their respective chief executives emphasizing the value being offered to consumers amid rising food costs, oil (CL=F, BZ=F) and gas prices (RB=F), and overall costs of living. Yahoo Finance Executive Editor Brian Sozzi brings on Senior Reporters Brooke DiPalma and Ines Ferré and B. Riley Wealth chief market strategist Art Hogan to talk more about the performance of fast food stocks.
FastCompany93d agoneutral
Dollar Tree and Starbucks are suddenly opening hundreds of new stores as retail doom stories pile upA new retail report shows discount chains and restaurants are expanding fast in 2026, even as other stores continue closing.
Quartz93d agobearish
Starbucks cuts 61 tech jobs at Seattle HQ in reorgThe cuts affect cybersecurity analysts, technical product managers, systems administrators, and other roles as the company reorganizes its tech department