Starbucks: latest news, insights & analysis | Checkout Magazine

Starbucks Earnings Heat Up On China Expansion, Digital And Cold Brews

Starbucks Corp beat Wall Street sales and revenue estimates on Wednesday, driven by new stores, digital ordering and delivery in China, and cold drinks in...

Starbucks Wins Appeal Against EU Tax Orders

Starbucks won an appeal on Tuesday against an EU demand to pay up to €30 million ($33 million) in back taxes to the Netherlands, while Fiat Chrysler A...

Coffee Maker Starbucks Sees Slower Profit Growth In 2020

Starbucks Corp said on Wednesday it expects 2020 adjusted profit growth to be lower than 2019 as it factors in the impact of a one-time tax benefit that ha...

Nestlé Starts Selling Starbucks-Branded Coffee In China

Food giant Nestlé on Thursday started selling Starbucks-branded coffee in mainland China, seeking to tap growth in a market where it says coffee con...

Starbucks Traffic Surges, Posts Best Sales Growth In Three Years

Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and China, leadin...

Starbucks, Mercon Announce Separate Sustainability Loans

Starbucks and Mercon Coffee Group have separately announced sustainability-focused loan facilities, signaling the coffee sector's growing emphasis on susta...

New Coffees And Delivery Push Fuel Starbucks Quarterly Sales And Profit

Starbucks Corp raised its full-year profit forecast and beat Wall Street estimates for quarterly same-store sales on Thursday, as its new Cloud Macchiato,...

Starbucks Sets Up $100M Fund To Invest In Food And Retail Startups

Starbucks Corp is investing $100 million in a newly created fund that will be managed by Tesla Inc investor Valor Equity Partners to promote companies deve...