Starbucks Stock News

The influential former chief says doubters of the coffee chain's comeback plan will be proven wrong.

Starbucks (SBUX) shares are climbing toward prices not seen since April, when newly enacted tariffs dragged down the market.

Former Starbucks CEO Howard Schultz made a surprise appearance at the company's Leadership Experience in Las Vegas. Schultz said he "did a cartwheel" when current CEO Brian Niccol coined his "back to Starbucks" strategy — a key stamp of approval as the new chief executive tries to turn around the company.

Starbucks Corp (NASDAQ:SBUX, ETR:SRB) is considering selling a minority stake in its China business, CEO Brian Niccol told the Financial Times in an interview published Wednesday.   The CEO said the coffee giant has received “a lot of interest” in its China business, its second largest market, made up of approximately 7,760 stores as of the end of March.

Starbucks (SBUX) drinks will soon come with an extra shot of generative AI.

Starbucks has received "a lot of interest" in the sale of a stake in its China business, its chief executive told the Financial Times in an interview published on Wednesday, as the U.S. coffee chain looks to revive sales in its second-largest market.

AI is coming to your Starbucks.

Starbucks CEO Brian Niccol told Reuters on Tuesday that he would accelerate the rollout of the coffeehouse chain's new staffing and service model, aiming for all 18,000 North American stores by summer's end, rather than the initial plan for just a third of U.S. stores by year-end.