Press Releases

“It is clear we need to fundamentally change our strategy to win back customers. ‘Back to Starbucks’ is that fundamental change,” commented Brian Niccol, chairman and ceo.

Results Reflect Challenged Customer Experience; Management is Developing a Plan to Get Back to Starbucks and Will Provide Insights into Its Plan during the Q4 and Full Fiscal Year 2024 Earnings Call

Brian Niccol will join Starbucks on September 9, 2024. Mellody Hobson will be lead independent director.

“Our growing culture of focused innovation and relentless execution continues to enhance our capabilities, while helping return the business to sustainable growth,” said Laxman Narasimhan, Starbucks CEO.

By enrolling in both programs and linking accounts, members can earn Marriott Bonvoy points and Starbucks Stars and be on their way toward free stays and coffee.

Starbucks orders will be available via Grubhub in select markets beginning in June, with national availability by August 2024.

Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal second quarter ended March 31, 2024.

Starbucks announced a new giveback offer from purchases of select whole bean coffees, starting with Starbucks Odyssey Blend to support World Central Kitchen’s humanitarian relief efforts around the world.

Furthering its environmental promise, Starbucks verifies 6,000 Greener Stores in more than 40 markets globally.

CEO Laxman Narasimhan lays out new geographic leadership and global support structure.