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Starbucks

All articles tagged with #starbucks

Starbucks Cuts GLP-1 Coverage for Weight Loss as Costs Rise
business18 days ago

Starbucks Cuts GLP-1 Coverage for Weight Loss as Costs Rise

Starbucks will stop covering GLP-1 weight-loss medications under its health plans for benefits-eligible employees starting in October, though the drugs may still be covered for other conditions; the change reflects a broader trend of employers reining in GLP-1 costs as healthcare bills rise, with some companies ending weight-loss coverage (Allina Health, PwC) while others continue substantial GLP-1 spending (Bank of America).

food-and-drink22 days ago

Starbucks kicks off fall with PSL return, Chaider, and banana-bread drinks

Starbucks launches its fall lineup on Aug. 25, reintroducing Pumpkin Spice Latte alongside a broadened menu that adds new pumpkin-spice drinks (Iced Pumpkin Cream Shaken Espresso, Pumpkin Spice Chai, Iced Pumpkin Cream Matcha) and brings back Pumpkin Cream Cold Brew and Pumpkin Spice Frappuccino, while adding Banana Bread beverages and a new Chaider; the rollout also includes Pecan options, new savory bites (Chicken Bacon Protein Pocket) and pastries (Pumpkin Cream Cheese Muffin), plus PSL-themed merchandise and grocery products.

Scale over hype: the investing lesson from the tech stock rout
finance23 days ago

Scale over hype: the investing lesson from the tech stock rout

The tech stock selloff highlights a core investing lesson: massive, scalable companies focused on shareholder value tend to win even as AI spending remains uncertain. Meta’s cautious lack of specific 2027 capex guidance spooked investors, reinforcing the market’s aversion to hype, while the results from Starbucks and Coca‑Cola illustrate durable growth and profitability driven by fundamentals rather than AI ambitions.

Starbucks accelerates turnaround as third-place revival lifts 2026 outlook
business27 days ago

Starbucks accelerates turnaround as third-place revival lifts 2026 outlook

Starbucks beat quarterly expectations with 7.9% same-store sales growth and adjusted EPS of $0.85 on $9.3 billion in revenue, helped by stronger North American demand and a China JV shift; the company raised its full-year guidance, with US comps above 6% and global growth near 6%, as CEO Brian Niccol pushes the “Back to Starbucks” plan to restore the iconic “third place.” The stock rose in after-hours trading.

business27 days ago

Starbucks Posts Q3 FY2026 Growth, Expands Margin, and Updates Outlook

Starbucks reported Q3 FY2026 results with consolidated net revenues of $9.32 billion (down 1% YoY) but global comparable store sales rose 7.9%, led by North America (+8.1%). Margins improved, with GAAP EPS of $0.91 and non-GAAP EPS of $0.85, as tariff refunds and cost discipline supported operating margin gains. The company completed tender offers using proceeds from the China sale and topped up its fiscal 2026 guidance: consolidated net revenues expected to be flat to slightly up, full-year non-GAAP EPS of $2.55–$2.65, and 600–650 net new stores globally, with US comp sales growth above 6% and global comp growth near 6%. Starbucks also highlighted progress on its Back to Starbucks plan, partnerships, and ongoing investments, and declared a quarterly dividend of $0.62 per share.

Starbucks Surges as Q3 Beats and Outlook Gets a Lift
business27 days ago

Starbucks Surges as Q3 Beats and Outlook Gets a Lift

Starbucks beat estimates for Q3 with adjusted EPS of 85 cents and revenue of $9.32 billion, led by 7.9% global and 8.1% U.S. same-store sales; revenue dipped 1% due to selling its China stake as it forms a Boyu Capital JV. The company raised full-year guidance to $2.55–$2.65 per share and about 6% global SSS growth (US >6%), signaling stronger momentum under CEO Brian Niccol. The stock climbed more than 7% in after-hours trading.

Starbucks Goes Pink: Pink Vibes Merch Drops Bearista Cup and Owala Bottle
business1 month ago

Starbucks Goes Pink: Pink Vibes Merch Drops Bearista Cup and Owala Bottle

Starbucks is launching its Pink Vibes merch collection to celebrate the Pink Drink, featuring pink Bearista Cup accessories, tote bags, hats, hoodies, tees, and pink drinkware from Owala and Miir. The pink Bearista Cup goes online July 9 for members and July 13 for everyone else, with several items listed as online exclusives or already sold out, encouraging shoppers to act fast.

Dutch Bros Expands to Seattle, Reopening Starbucks’ Old Drive-Thru Spot
business1 month ago

Dutch Bros Expands to Seattle, Reopening Starbucks’ Old Drive-Thru Spot

Oregon-based Dutch Bros Coffee is opening its first Seattle location inside a former Starbucks in the SoDo neighborhood, planned for Q4 2026 at 4115 Fourth Ave S. The 1,800-square-foot space will be remodeled with plumbing and electrical upgrades and a 290-square-foot quick-transition area added. Dutch Bros has more than 1,000 locations nationwide and has been expanding in Washington since 2016, following Starbucks closures in the region.

Starbucks worker who foiled a robbery says he was fired
crime2 months ago

Starbucks worker who foiled a robbery says he was fired

New footage shows a Starbucks employee in St. Louis and a coworker fighting off two robbers during a December 2023 incident; the gun was revealed to be fake, one robber escaped while the other was restrained until police arrived. The workers were fired, and Michael Harris is suing for wrongful termination as the robbers have since been convicted, while Starbucks emphasizes de-escalation in its safety training.

world2 months ago

Starbucks launches global soccer celebration with free cup sleeves and collectible gear

Starbucks marks the global soccer moment with free, limited-edition captain-inspired cup sleeves for any size beverage on June 11 in the U.S., and fan gatherings plus locally inspired sleeves in more than 30 markets starting June 10. A soccer-themed Bearista Cup launches in Canada, Latin America and the Asia Pacific region, with online-only availability for Rewards Reserve members in the U.S.; exclusions apply to bottled water, ready-to-drink beverages and alcohol.