Starbucks Corp Company News
Starbucks said Thursday that it plans to open hundreds of new stores across the U.S. and add seating capacity at thousands of existing locations, doubling down on a strategy of emphasizing the company's cafes as community hubs even as consumer demand for drive-thru coffee grows. After announcing in September that it would close hundreds of less profitable stores, Starbucks said it now expects to open up to 175 new U.S. coffee shops this year and around 400 in 2028. Chairman and CEO Brian Niccol said Starbucks ultimately sees an opportunity to build at least 5,000 new cafes across the U.S., with the smaller store format presenting much of that opportunity.
Starbucks intends to build a lot more coffeehouses in the U.S., and it aims to make more money from them. The world’s largest coffee chain Thursday said it has mapped out where it could build 5,000 more coffeehouses in the U.S. over time, many of them in the South, the middle of the country and parts of the Northeast where the Seattle-based chain has fewer locations.
NEW YORK, January 29, 2026--Starbucks today hosted its 2026 Investor Day, highlighting progress in its "Back to Starbucks" transformation plan.
The coffeehouse chain opened 128 net new stores during the first quarter that ended on 28 December 2025.
The Starbucks Rewards program is getting a makeover including non-expiring rewards stars and Free Mod Mondays, with free drink upgrades.
NEW YORK, January 29, 2026--Starbucks Coffee Company (Nasdaq: SBUX) today unveiled its reimagined Starbucks Rewards loyalty program, designed to deliver more meaningful value for its 35.5 million active members in the U.S. Building on the strength of its industry leading program, the updated Starbucks Rewards program will launch on March 10, introducing a new tiered structure with three levels – Green, Gold and Reserve – each offering new and exclusive benefits for members. As members engage mor
Companies In The Article Are:SBUX,MSCI,MHO,TXT
The fourth quarter earnings season kicks into high gear this week, with Big Tech results from Microsoft, Meta, Tesla, and Apple headlining the earnings calendar.
The chain is not changing the core points-for-dollar mechanism behind its Rewards system, but some consumers will earn points more quickly.
Coffeehouse chain Starbucks (NASDAQ:SBUX) reported Q4 CY2025 results topping the market’s revenue expectations, with sales up 5.5% year on year to $9.92 billion. Its non-GAAP profit of $0.56 per share was 4.6% below analysts’ consensus estimates.
Both companies announced capex projections that blew past consensus expectations, but only Meta seemed to rebuff the Wall Street wariness.
Tether seems to be prioritizing buying gold because its value isn’t tied to governments as tightly as fiat currencies are.
The world’s largest coffee chain has finally reported the first major breakthrough of CEO Brian Niccol's tenure.
The company's recent performance wasn't as bad as some had feared.
Old Arcived News About Starbucks Corp
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Starbucks Corp Short Company Overview:
Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations worldwide and sells whole bean coffees through its sales group, direct response business, supermarkets, and on the World Wide Web. Starbucks also produces and sells bottled coffee drinks and a line of ice creams.
