Even though those efforts are in their early stages, the stock has been doing well since then. It rallied more than 20% in the past six months, hitting a new 52-week high of $117.46 last week.

CHONGQING, CHINA - DECEMBER 17: A man in a white jacket walks past a Starbucks Coffee store with outdoor seating on December 17, 2024 in Chongqing, China.

Starbucks baristas stand on stage during an annual shareholders meeting in Seattle in March 2019. AP. ... Trending Now in Business This story has been shared 39,174 times. 39,174.

CNBC's Jim Cramer on Wednesday expressed faith in Starbucks CEO Brian Niccol's ability to execute a turnaround. The coffee chain's quarter missed expectations, and shares have fallen 5.66%.

Starbucks is fielding offers for its China business, which could be worth up to $10 billion, according to CNBC. The publication reported that nearly 30 U.S. and international private equity firms have ...

Starbucks CEO defends company's diversity, says they are 'key' strength of business Target, Walmart and other major organizations walked back certain diversity, equity and inclusion initiatives ...

Starbucks is planning to use zero-based budgeting starting during its next fiscal year.; The coffee chain is trying to cut expenses to pay for its turnaround efforts. Other companies have used ...

Two decades ago, a modest restaurant in the middle of one of China’s poorest provinces saw its business take off after selling cut-price soft serve for just 1 yuan (15 cents) per cone. Today, it ...

Starbucks (NASDAQ: SBUX) has one of the most iconic consumer brands in the world. Its premium-priced coffee has enabled the business to experience strong profit growth over the years. However, it ...