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Starbucks' campaign to cut $2 billion in costs is stretching north of the border. The coffee giant told employees Thursday that it is trimming positions and reorganizing Canadian corporate functions to help streamline operations, a Starbucks spokesman said. Several dozen employees were impacted, none of them in store-level roles.

Starbucks (SBUX) has spent most of the past year attempting to convince Wall Streetthat its turnaround strategy is finally starting to pay off. The coffee giant has been slashing costs, restructuring operations and investing extensively in cafe performance after a challenging period of declining ...

Even the biggest, most successful restaurant chains close locations regularly. Starbucks, for example, closes hundreds of locations every few years. That's because populations shift, rents increase, and other factors change that make a once-viable restaurant no longer profitable. The coffee chain, ...

Make sure your portfolio has companies that can raise prices with inflation to help keep up with rising prices.

Starbucks 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.

Starbucks 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.

Investing.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.

Pre-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,

Rising 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.

The 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.

While many fast food chains are struggling to attract diners, Dutch Bros is seeing explosive growth. In Q1 FY2026, the coffee chain reported a 30% increase in revenues year-over-year. That’s lightyears beyond competitors like Starbucks, which reported a 9% increase in revenue over the same ...

Every now and then, a limited-time offer captures the public's attention in a way that drives tremendous interest in the brand. When Starbucks, for example, first introduced the Unicorn Frappuccino, it became something people had to try at least once. McDonald's created a similar phenomenon with ...

Dutch Bros (NYSE:BROS) reported stronger-than-expected first-quarter results and raised its full-year outlook, with management citing sustained transaction growth, food rollout momentum, beverage innovation and an accelerated development pipeline. On the company’s May 6 earnings call, Christine Bar

Companies like Starbucks and Lowe’s are hoping to get closer to customers with new apps that integrate into OpenAI’s ChatGPT interface.