Q2 financial 2017 highlights: Comparable store sales up 3% globally; consolidated net revenues grow 6%; operating margin expands to Q2 record 17.7%; GAAP and non-GAAP earnings per share up 15%.
Starbucks announced it will open a Starbucks Reserve Roastery in Chicago in 2019. Located on North Michigan Avenue and Erie Street on Chicago’s Magnificent Mile, the Chicago Reserve Roastery represents the company’s third Roastery location in the U.S.
Starbucks 2016 Global Social Impact Report shares the company’s vision for 2020 and beyond in the areas of coffee sustainability, greener retail and community engagement.
As one of his first engagements since assuming the role of Starbucks executive chairman, Howard Schultz presented on building trust and developing an enduring brand at Tsinghua University’s School of Economics and Management in Beijing, China.
Starbucks plans to release its second quarter fiscal year 2017 financial results after the market close on Thursday, April 27, 2017, with a conference call to follow at 2:00 p.m. PT.
Beginning June 1, 2017, Starbucks will offer a critical illness insurance plan for the parents of its eligible full-time partners (employees) in company-operated stores across Mainland China. This industry-leading investment will benefit over 10,000 parents of its Chinese partners.
New Starbucks chief executive officer Kevin Johnson talks about his path to Starbucks and the road ahead.
As outgoing Starbucks ceo Howard Schultz enters a new chapter in his life, he reflects on music that’s moved him throughout his life and professional career.