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Starbucks reports record revenue of $36B (+12%), financial results beating Wall Street’s expectations

MILAN — Starbucks Corporation on Thursday reported financial results for its 13-week fiscal fourth quarter ended October 1, 2023, that beat Wall Street expectations....

NineDot Energy welcomes Starbucks as a battery energy storage anchor subscriber

NEW YORK, USA – NineDot Energy, a leading developer of community-scale clean energy projects, today announced that Starbucks, the premier roaster and retailer of...

Starbucks announces Q4 and full fiscal year results conference call

SEATTLE, USA — Starbucks Corporation plans to release its fourth quarter and full fiscal year 2023 earnings results before market open on Thursday, November...

Starbucks has developed six new climate change, disease resistant  Arabica  varietals

MILAN – Starbucks, which accounts for approximately 3% of the world’s coffee purchases, announced last week it has developed six new climate change-resistant tree...

Starbucks announces increase in quarterly cash dividend

SEATTLE, USA – Starbucks Corporation yesterday announced that its Board of Directors approved an increase in the company’s quarterly cash dividend from $0.53 to...

Starbucks China US$220 million Coffee Innovation Park opens in Kunshan

KUNSHAN, China – Starbucks today (September 19, 2023) announced the opening of its China Coffee Innovation Park (CIP), fulfilling its scaled vertical integration ‘from...

Five years of the Starbucks Reserve Roastery in Milan, Louise Mills, Director & GM: “We’ll continue to be a very innovative company”

MILAN - On 7 September, the Starbucks ReserveTM Roastery Milano celebrated five years since its arrival in Italy: a moment that was epochal for...

Starbucks opens 20,000th outlet outside of North America, celebrates 25 years of coffee in the UK

MILAN – Starbucks celebrates these days a significant milestone with the opening of its 20,000th store outside of North America in Oldham, Manchester, in...

Nestlé and Starbucks mark five years of Global Coffee Alliance

VEVEY, Switzerland – Nestlé and Starbucks are celebrating five years of their Global Coffee Alliance, established in 2018 between the two companies. The alliance...

Starbucks innovation hub in Shenzhen to open next month

MILAN – As first announced in 2022, Starbucks is establishing an Innovation and Tech Center (SITC) in Shenzhen, in China's southern Guangdong province, the...

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