Starbucks

Recent News About Starbucks

Food & Restaurants | Coffee Shops


Starbucks' new CEO Brian Niccol approaches his first 100 days at the helm, with scrutiny on his initial policies and actions coming at the company’s fourth-quarter earnings call at the end of October.

Gary Stern, a food and dining contributor at Forbes, said Foxtail Coffee is one example of a coffee company that is expanding while preserving culture and avoiding supply chain issues, in contrast to current issues faced by industry giant Starbucks.

Starbucks Corp. (SBUX) has faced a recent stock downgrade by analysts as the company deals with ongoing lawsuits, leadership changes, and activist pressure, which have impacted its near-term outlook.