Cathy Smith

Starbucks reports 7.2% global same-store sales growth, plans major tech modernization

Starbucks plans 4% growth in fiscal 2027 with new store formats and technology

Seattle-based Starbucks ended its fiscal year with a 7.2% increase in global comparable coffeehouse sales for the fourth quarter, with both average ticket and transactions rising.

Starbucks announced Thursday it’s closing about 250 North America locations later this week, or roughly 1 percent of the company’s 18,000-plus store portfolio.

Starbucks' fall menu launch breaks records with 35.1% traffic increase.

Apparently, Starbucks customers like visiting stores with seats and usable power outlets.

Starbucks reported strong global comparable sales growth driven by strategic store refreshes, disciplined daypart management, and enhanced loyalty program initiatives.

- Quick Service - Executives - News Why Starbucks thinks smaller stores will translate into more growth The fast-food coffee chain believes that smaller footprint locations, even w

Starbucks' turnaround is ahead of schedule under CEO Brian Niccol.

Raise your hand if you haven’t introduced a line of beverages called Refreshers over the past two years.

Starbucks CEO Brian Niccol reported a 7.1% increase in North American same-store sales, signaling progress in the coffee giant's strategic turnaround plan.

Starbucks reported a 7.1% increase in U.S. same-store sales driven by transaction growth and rising profits during its latest quarter.