Starbucks CEO lays out long-term growth plan, aims to open thousands of new stores
Starbucks' shares fell about 2% on Thursday after the much-awaited long-term targets were announced.
Last updated: 2026-01-30 06:34:00 ET
Starbucks' shares fell about 2% on Thursday after the much-awaited long-term targets were announced.
Starbucks released a long-term forecast and shared more details about how it plans to hit those financial targets at an investor presentation.
Starbucks' reward program, which launched in 2009, is one of the oldest and largest in the restaurant industry, consultants say.
The coffee chain changes Brian Niccol's travel budget due to media attention and "credible threat actors".
Starbucks reported its best US sales performance in two years.
It's the first time in 2 years that Starbucks has seen an increase in U.S. comparable transactions.
Starbucks wants to be your afternoon wellness stop with protein drinks and fiber snacks
Starbucks reported stronger-than-expected sales in its fiscal first quarter as holiday drinks and a viral bear cup helped drive sales
The coffee chain’s stock jumped after a better-than-expected earnings report.
Starbucks said growth in stores open at least 13 months was much better than expected — and the stock was headed toward a 10-month high.