Press Releases 2016
Kevin Johnson to become chief executive officer and assume full responsibility for Starbucks global business and operations; Howard Schultz to become executive chairman and focus on retail innovation and accelerating growth of Starbucks ultra-premium retail formats.
Starbucks plans to release its fourth quarter and fiscal year 2016 financial results after the market close on Thursday, November 3, 2016, with a conference call to follow at 2:00 p.m. PT.
The country's largest employer-led coalition achieves goal of hiring 100,000 youth two years ahead of schedule; Aligns with rest of sector to help one million young people in the next five years.
Q3 financial 2016 highlights: Starbucks Rewards active membership up 18% year-over-year; now over 12 million active members in the U.S. and Canada, Channel Development revenues increase 9%, and operating income jumps 31%.
Building on its long history of providing industry-leading benefits, Starbucks today announced it will expand its comprehensive health care offering for all eligible U.S. partners (employees).
Starbucks plans to release its third quarter fiscal year 2016 financial results after the market close on Thursday, July 21, 2016, with a conference call to follow at 2:00 p.m. PT.
Starbucks expects the category of cold coffee to double in the next three years. The company introduces Nitro Cold Brew on tap in major cities across the U.S., making Starbucks the largest retailer of this new handcrafted cold coffee experience.
Starbucks expands the company’s industry-leading digital ecosystem with the launch of Starbucks mobile app in Japan. The move introduces Starbucks mobile payment and eGifting to the company’s fourth largest market.