Howard Schultz

During its investor day on Tuesday, Starbucks Corp (NASDAQ: SBUX) provided a roadmap for where the company is going. Interestingly enough, one new initiative aims to meet you at home when you aren't going anywhere.  What Happened: As part of a new partnership with...

Starbucks Corporation (NYSE: SBUX) surprised everyone this week by naming Reckitt Benckiser Group plc (OTC: RBGLY) CEO Laxman Narasimhan as Howard Schultz’s successor. India-born Narasimhan would assume the reins at the coffee retailer at a time when the company is going through a...

Starbucks Corporation (NASDAQ: SBUX) will unveil its Web 3-enabled initiative to expand its current rewards model next month. What Happened: The coffee chain revealed in its third-quarter earnings call that its Web 3 initiative will introduce new methods of “emotionally...

Starbucks Corp (NASDAQ: SBUX) reported its fiscal third-quarter earnings results Tuesday after the bell. Here's a look at the highlights from the quarter. What Happened: Starbucks said fiscal third-quarter revenue jumped 9% year-over-year to $8.15 billion, which beat the estimate...

Hightower Advisors' Stephanie Link is holding Starbucks Corp (NASDAQ: SBUX) shares into earnings after the bell, but she doesn't have high hopes for the quarter.  "It's not gonna be a pretty quarter because China was closed the whole quarter, so I think China is going to...

Coffee chain retailer Starbucks Corporation (NYSE: SBUX) is looking past internal candidates to replace founder Howard Schultz, who is holding the chief executive officer role on an interim basis. What Happened: Seattle, Washington-based Starbucks is considering just external candidates for...

Starbucks Corp (NASDAQ: SBUX) shares are making new 52-week lows on Tuesday, and one investor with high conviction in the name just keeps on buying.  What Happened: Hightower Advisors' Stephanie Link decided to add to her Starbucks position on the pullback....

A leading coffee and restaurant chain is launching its own non-fungible tokens later this year. Here are the new details. What Happened: First announced last month, Starbucks Corporation (NASDAQ: SBUX) updated investors on plans to launch NFTs along with its quarterly earnings this week....

Starbucks Corp (NASDAQ: SBUX) shares have been trending lower since the start of the year, but the stock is catching some bids Wednesday after the company reported strong earnings results. What Happened: Starbucks said fiscal second-quarter revenue increased 15% year-over-year to $7.64 billion,...

Restaurant and coffee powerhouse Starbucks Corp (NASDAQ: SBUX) reported second-quarter financial results after market close Tuesday. Here are the key highlights for investors. What Happened: Starbucks reported second-quarter revenue of $7.64 billion, which was up 15% year-over-year. The quarterly...

Hightower Advisors' Stephanie Link believes we are still in the midst of a bull market. Accordingly, she has identified a couple of stocks well off their highs that she would like to buy on any further weakness.  Starbucks Corp (NASDAQ: SBUX) is one of the names on her watchlist...

Starbucks Corporation (NYSE: SBUX) is going all out to ward off store workers from unionizing, according to a Wall Street Journal report from Wednesday. This comes in the wake of concerted efforts by store workers to unionize — seeking to negotiate better wages,...

Starbucks Corp (NASDAQ: SBUX) plans to get into the non-fungible token (NFT) business before the end of the year. What Happened: Speaking at an Open Forum on April 4, Starbucks CEO Howard Schultz said “Sometime before the end of this calendar year, we are...

Starbucks Corp (NASDAQ: SBUX) shares are trading lower Monday morning after the company announced it would suspend its stock buyback program. Monday marks the return of founder Howard Schultz as CEO and a director on the company’s board. In a letter to the company, Shultz...

In 1980, Lee Iacocca of Chrysler lobbied the U.S. government for a $1.2-billion grant to bail out the automaker. Shortly after, in an effort to show his willingness to save the company, he famously cut his salary to $1. The top qualities of a leader like Lee Iacocca include a strong vision,...