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Press Releases

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Training will occur at all Starbucks company-owned stores and will apply to nearly 175,000 U.S. partners (employees) Curriculum to be designed by nationally recognized experts and will be available for other companies to use Starbucks Coffee Company  (NASDAQ: SBUX) today announced it will be closing its more than 8,000 company-owned stores in the United States on the afternoon of May 29 to conduct racial-bias education geared toward preventing discrimination in our stores. The training will be provided to nearly 175,000 partners (employees) across the country and will become part of the onboarding process for new partners. “I’ve spent the last few days in Philadelphia with my leadership team listening to the community, learning what we did wrong and the steps we need to take to fix it,” said Starbucks ceo Kevin Johnson. “While this is not limited to Starbucks, we’re committed to being a part of the solution. Closing our stores for ...
04/17/18
Starbucks Corporation (Nasdaq: SBUX) plans to release its second quarter fiscal year 2018 financial results after the market close on Thursday, April 26, 2018 with a conference call to follow at 2:00 p.m. PT . The conference call will be webcast, including closed captioning, and can be accessed on the company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Saturday, May 26, 2018 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com  or  ...
04/11/18
Company reflects on past five years of performance that saw a doubling in market value and topline revenue growth from $14 billion to $23 billion. Starbucks reiterates 12 percent or greater non-GAAP EPS growth target and commitment to return $15 billion to shareholders through the next three years. Company details three innovation growth drivers in Digital, China and Starbucks Reserve. Starbucks announces new standard for global pay equity, and achieves 100 percent pay equity both for gender and for people of all races in the U.S. Starbucks reaffirms commitment to employing and empowering the very best talent, with more than 50,000 Opportunity Youth and 15,000 veterans and military spouses hired to date in the U.S., and more than 10,000 partners (employees) participating in the Starbucks College Achievement Plan with Arizona State University. Starbucks reveals new commitments to sustainability, including a $10 million investment in the “NextGen Cup Challenge” in partnership with the ...
03/21/18
Starbucks Corporation (NASDAQ: SBUX) will hold its 26th Annual Meeting of Shareholders on Wednesday, March 21, 2018 at 10:00 a.m. PT . The event will be webcast and can be accessed at http://investor.starbucks.com. A replay of the webcast will be available on the company’s website until Friday, September 21, 2018. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 28,000 stores around the globe, Starbucks is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit our stores or online at news.starbucks.com and Starbucks.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20180319006222/en/ Source: Starbucks ...
03/19/18
New agreement gives SouthRock, a leading multi-brand restaurant operator, the rights to develop and operate Starbucks® stores in Brazil – building on more than a decade of business growth, brand loyalty and trust in the market SouthRock commits $1 million to drive social impact and community initiatives for Starbucks Brazil, including Starbucks Global Academy, a free online education program for employees through the company’s strategic partnership with Arizona State University Following transition of ownership in Brazil, Starbucks poised for long-term growth across Latin America and the Caribbean, building on more than 1,200 stores in 17 markets to date Starbucks Coffee Company (NASDAQ: SBUX) today announced that it has entered into an agreement with SouthRock – a leading multi-brand restaurant operator in Brazil – to fully license Starbucks retail operations in the country. The agreement provides SouthRock the rights to develop and operate Starbucks® stores in Brazil. By leveraging ...
03/12/18
Starbucks Corporation (Nasdaq: SBUX) today announced the company will present at the UBS Global Consumer and Retail Conference in Boston on Thursday, March 8, 2018 at 8:15 a.m. ET and at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum in Las Vegas on Friday, March 9, 2018 at 9:00 a.m. PT . The presentations will be webcast and can be accessed on the company’s website: http://investor.starbucks.com. A replay of the webcast will be available on the company’s website until end of day Friday, April 6, 2018. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit ...
02/22/18
Seamless integration with Starbucks Rewards™ loyalty program brings customers fast, frequent Rewards earned through everyday spending Starting today, the card unlocks the ability to earn Stars both in and out of Starbucks® stores wherever Visa is accepted worldwide Today, Starbucks (NASDAQ: SBUX) and Chase (NYSE: JPM) announce the availability of the Starbucks Rewards™ Visa® Card, a co-brand credit card integrated directly into the Starbucks Rewards™ loyalty program . Customers using the card earn Stars with every purchase both in and out of Starbucks stores wherever Visa is accepted worldwide, and can be redeemed for food and beverage items at more than 8,000 participating* Starbucks locations. Cardmembers will also become members of the Starbucks Rewards loyalty program, receiving exclusive perks and benefits already enjoyed by more than 14 million members daily. This press release features multimedia. View the full release here: ...
02/01/18
Starbucks Corporation (Nasdaq: SBUX) plans to hold a conference call to provide a market update on its China business and to address high-level modeling-related questions on Wednesday, January 31, 2018 , at 2:00 p.m. Pacific Time . The conference call will be webcast, including closed captioning, and can be accessed on the company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Friday, March 2, 2018 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at news.starbucks.com ...
01/25/18
Net Revenues Up 6% to a Record $6 Billion ; Global and U.S. Comp Store Sales Up 2% China Net Revenues Up 30%; China Comps Up 6% Q1 GAAP EPS of $1.57 ; Non-GAAP EPS of $0.65 Includes $0.07 Benefit from U.S. Tax Law Change Company Adds 1.4 Million Active Starbucks Rewards™ Members in the U.S. to 14.2 Million, Up 11% Year-Over-Year Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal first quarter ended December 31, 2017. GAAP results in fiscal 2018 and fiscal 2017 include items which are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Q1 Fiscal 2018 Highlights Global comparable store sales increased 2%, driven by a 2% increase in average ticket Americas and U.S. comp store sales increased 2%, driven by a 2% increase in average ticket CAP comp store sales increased 1%, driven by a 1% increase in transactions China comp store sales increased ...
01/25/18
Company announces a new ‘Partner and Family Sick Time’ benefit for all U.S. employees to launch this year Announces second wage increase for all U.S. hourly and salaried partners in addition to the annual increases already granted this fiscal year Announces additional 2018 Stock Grant with a one-year vest Highlights an Aon study indicating its standing as the No. 1 retailer in comprehensive benefits for part-time and full-time employees Reiterated commitment to create more than 8,000 new retail jobs and 500 manufacturing jobs this year as part of the company’s strategic growth plan Building on a long history of providing relevant, industry-leading benefits, Starbucks Coffee Company (NASDAQ: SBUX) today announced a series of new partner (employee) offerings that span across wage and benefits. These offerings will total more than $250 million for more than 150,000 partners and are accelerated by recent changes in the U.S. tax law. Further details on the impact of these changes on our ...
01/24/18
Starbucks Corporation (Nasdaq: SBUX) plans to release its first quarter fiscal year 2018 financial results after the market close on Thursday, January 25, 2018 with a conference call to follow at 2:00 p.m. PT . The conference call will be webcast, including closed captioning, and can be accessed on the company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Saturday, February 24, 2018 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or ...
01/10/18