Starbucks Corp
Starbucks is about to report earnings. Here’s what to expect
Brian Niccol speaking on CNBC’s Squawk Box on Oct. 30th, 2018. Anjali Sundaram | CNBC Starbucks is set to share more details about its fiscal fourth quarter after the bell on Wednesday. The coffee giant shared its preliminary quarterly results on Oct. 22, showing that its sales fell for the third consecutive quarter. Here’s what […]
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Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November
Starbucks’ Oleato coffee beverages. Starbucks Starbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November. The decision to remove the Oleato drinks from domestic menus predates newly installed CEO Brian Niccol, who arrived at Starbucks in early September, a company spokesperson said. However, it aligns with Niccol’s strategy to simplify menus […]
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Chipotle Mexican Grill is about to report earnings. Here’s what to expect
A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024. Angus Mordant | Bloomberg | Getty Images Chipotle Mexican Grill is set to report its third-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: […]
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Wall Street braces for a big week ahead of the election, with megacap tech earnings, key data on tap
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their […]
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Stock futures slide after S&P 500 posts first back-to-back decline since early September: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | Reuters Stock futures fell on Tuesday evening after the S&P 500 posted its first back-to-back loss since early September. Futures linked to the broad market index lost nearly 0.14%. Dow futures slid […]
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Stocks making the biggest moves after hours: McDonald’s, Seagate Technology, CoStar Group and more
Check out the companies making headlines in extended trading: Texas Instruments — The semiconductor company added 2%. Third-quarter results topped analysts’ estimates, as Texas Instruments reported earnings of $1.47 per share on revenue of $4.15 billion. Analysts sought earnings of $1.38 per share and revenue of $4.12 billion, per LSEG. Seagate Technology — The data […]
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Starbucks shares slide after coffee chain says sales fell again, suspends outlook
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again as the coffee chain tries to execute a turnaround. “Our fourth quarter performance makes it clear that we need to fundamentally change our […]
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‘Swicy’ items take over restaurant menus as Gen Z seeks heat
A general view of atmosphere during ‘Sonic Desert’ presented by Coca-Cola Spiced and Topo Chico in partnership with BPM Music on April 13, 2024 in Thermal, California. Randy Shropshire | Getty Images The hottest food and drink trend this year isn’t just spicy — it’s also sweet. “Swicy,” a portmanteau of sweet and spicy, has […]
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Chick-fil-A is releasing its own entertainment app, with family-friendly shows and podcasts
A sign hangs outside of a Chick-fil-A restaurant on May 06, 2021 in Chicago, Illinois. Scott Olson | Getty Images Chicken sandwiches, waffle fries, milkshakes – and now TV shows and podcasts? Chick-fil-A plans to launch a new app on Nov. 18, with a slate of original animated shows, scripted podcasts, games, recipes and e-books […]
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Starbucks taps former Chipotle executive as global chief brand officer
Tressie Lieberman, the incoming global chief brand officer at Starbucks. Courtesy: Starbucks Starbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer, a newly created position and the latest executive change under Brian Niccol after he left Chipotle and took over as CEO of the coffee chain last month. In Niccol’s first […]
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