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.
With youth unemployment in Dallas one of the highest in the nation, the 100,000 Opportunities Initiative will host an unprecedented day-long jobs and resource fair in Dallas, kicking off a long-term effort to hire and engage young people facing barriers to education and employment
The company will leverage its green coffee purchase power to ensure that healthy, rust resistant coffee trees are planted – yearly – in coffee growing regions most impacted by climate change.
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.
Starbucks announces plans to create more than 240,000 new jobs globally (68,000 in the U.S.) as it reiterates intent to open 12,000 new stores globally and 3,400 new stores in the U.S. by FY21, including 100 more Military Family Stores in the U.S. to support military communities
Starbucks Corporation today announced that it has closed an underwritten public offering of senior notes, comprising the first global yen-denominated Corporate Sustainability Bond issued in the Japanese market.
The visitor center will be a 46,000-square-foot area located on the Starbucks farm, that allows people to explore the journey of coffee from seedling to coffee field, the wet milling process, the drying patio and all the way to roasting and a café.