Howard Schultz

Laxman Narasimhan Steps In As Starbucks' Chief Executive Officer

Starbucks has announced that Laxman Narasimhan has assumed the role of chief executive officer and will join the company’s board of directors.

Starbucks Projects Profit Growth From Tech, Stores, Workers Spending

Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance.

Starbucks Beats Profit Estimates Despite Hit To China Business

Starbucks Corp has beaten quarterly profit estimates as higher prices and strong demand for its coffees in the United States helped offset a hit to busines...

Starbucks' Schultz To Remain Interim CEO Until March 2023

Starbucks Corp has said that Howard Schultz will remain the coffee chain's interim chief executive officer until the end of March 2023, as it looks for a p...

Starbucks’ Schultz Returns, Announces Halt To Stock Repurchasing Programme

Starbucks Corp's longtime former chief executive Howard Schultz has announced the suspension of the company's stock repurchasing program, as he returns thi...

Starbucks' Departing Chairman Backs China Prospects, Hints At Alibaba Tie-Up

Starbucks Corp's outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor...

Starbucks Closing Cafes – CEO Calls Performance 'Not Acceptable'

Starbucks Corp. is forecasting slower sales growth than Wall Street expected this quarter, and it plans to close about 150 US cafes next fiscal year to boo...

Starbucks Exec Schultz To Step Aside, Mulling 'Range Of Options'

Starbucks Corp. executive chairman Howard Schultz is stepping away from the coffee chain he built into a global powerhouse, putting management firmly into...

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Starbucks Closes 8,000 Stores Across US For ‘Anti-Bias Training’

Starbucks Plans To Hire 10,000 Refugees After Trump Action

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