Starbucks CEO Brian Niccol's blend of bigger staffing rosters and AI-powered tools appears to be easing the mobile order bottleneck that former CEO Howard Schultz called the company's "biggest Achille... ...

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Starbucks has reported positive same-store sales for the second quarter in a row as the long-term view of CEO Brian Niccol’s comeback plan comes into focus. The coffee chain saw a 4% increase in same-store sales both globally and in its North America division for the first quarter ended Dec. 28, driven mainly by transactions growth, which has been a challenge for the company in the past.  Niccol noted during the Q1 ...

Starbucks Stock Jumped on Strong Sales. Boosting Earnings Comes Next. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Starbucks Stock Jumped on Strong Sales. Boosting Earnings Comes Next.By [Evie Liu]ShareResize---ReprintsStarbucks plans to ...

Starbucks Sales Accelerate as Turnaround Gains Steam. Listen for more on Bloomberg Intelligence. ...

Core Insights - Starbucks shares experienced a rise following the release of its latest financial results, indicating positive momentum in its turnaround strategy [1][1] - The company reported a 4% year-over-year increase in global and North American comparable-store sales for the fiscal first quarter, along with a 3% rise in transactions, signaling effective customer engagement [1][1] - An upcoming Investor Day event is expected to unveil Starbucks' long-term growth strategy, which may further influence investor sentiment [1][1] Financial Performance - Starbucks reported a 4% increase in comparable-store sales year-over-year for the fiscal first quarter ending December 28 [1][1] - Transactions also rose by 3%, indicating a successful implementation of the "Back to Starbucks" initiative aimed at increasing foot traffic in cafes [1][1] - The stock has outperformed the S&P 500 this year and is currently trading above $100, a significant recovery from its 12-month lows in the $70s [1][1] Strategic Vision - CEO Brian Niccol emphasized the company's commitment to becoming the world's greatest customer service company and enhancing its brand visibility and relevance [1][1] - The company aims to provide the best job in retail and position itself as a community coffee house while focusing on global growth and shareholder value [1][1] - The upcoming Investor Day is anticipated to provide further insights into the company's long-term growth strategy [1][1]

Starbucks reported strong fiscal first quarter as holiday drinks and a viral bear cup helped drive sales.Same-store sales – or sales at locations open at least a year – rose 4% for the October-December period.That was higher than the 2.3% that Wall Street was expecting, according to analysts polled by FactSet. 4 Starbucks Chairman and CEO Brian Niccol said the results were evidence that the company’s turnaround plan is taking hold. via REUTERSSame-store sales in the US were also up 4%, with a 3% increase ...

Core Insights - Demand at Starbucks is rebounding, indicating that CEO Brian Niccol's turnaround efforts are effective [1][6] - The company reported a 4% increase in sales at North American stores open for at least a year, marking the first sales growth in eight quarters [1][3] - Global sales also rose by 4%, driven by increased purchases and spending from existing customers [2] Financial Performance - Starbucks reported revenue of $9.9 billion, surpassing Wall Street expectations for sales and revenue, although it missed profit estimates [3] - The company's stock has increased by $16.24 this year, reflecting a 19.34% rise [3] Strategic Initiatives - Niccol's turnaround strategy includes an aggressive redesign, enhanced rewards program, and new food and beverage items [9] - The company is hosting its first investor day under Niccol, focusing on returning to its coffeehouse roots and encouraging customers to stay longer [5] - Several initiatives, such as a new protein menu and the Green Apron Service model, have been implemented faster than expected [14] Market Context - Despite the positive sales momentum, Starbucks stores in the U.S. have experienced a decline in store visits due to broader economic factors affecting consumer spending [12] - Niccol has expressed confidence in the company's trajectory, stating that the sales momentum is just the beginning of the turnaround [6][8]

Core Viewpoint - Twin Hospitality Group, the parent company of Twin Peaks, has filed for Chapter 11 bankruptcy, following a trend in the casual dining sector where similar establishments like Hooters have also faced financial difficulties [1][3]. Group 1: Bankruptcy Filing - Twin Hospitality Group filed for Chapter 11 bankruptcy on January 26, 2025, in the U.S. Bankruptcy Court for the Southern District of Texas [1]. - The bankruptcy filing comes shortly after Fat Brands, which owns Twin Hospitality Group, began converting Smokey Bones locations into Twin Peaks [2]. - The first hearing for the bankruptcy filing is scheduled for January 28, 2025 [3]. Group 2: Company Operations - Twin Peaks operates 114 locations across the United States and Mexico and is expected to remain open during the bankruptcy process [4]. - The company has faced challenging market conditions that have hindered its ability to restructure debt, despite the brand's strength [5]. Group 3: Industry Context - Hooters filed for Chapter 11 bankruptcy in March 2025, addressing $376 million in debt, and closed over 30 locations in June 2025 [3]. - The casual dining sector is experiencing significant challenges, as evidenced by the recent bankruptcies and closures of multiple restaurant chains [5].

Starbucks, Chili's Parent Gobble Up Gains On Earnings, Score Breakouts | Investor's Business DailyANALYSIS: [AI Bubble Or Boom? Wall Street Weighs In]Investors.com will undergo scheduled maintenance from 10:00 PM ET to 2:00 AM ET and some features may be unavailable. We apologize for any inconvenience.---Chili's parent Brinker International surged early Wednesday, with shares closing in on a buy point following second-quarter results. Starbucks stock jumped on its fiscal Q1 report. Brinker International (EA ...

Core Insights - Starbucks Corporation (SBUX) reported mixed first-quarter fiscal 2026 results, with earnings missing estimates while net revenues exceeded expectations [2][4] - The company's shares rose 8% in pre-market trading, indicating positive market reaction to the results [3] Financial Performance - Earnings per share (EPS) for the first quarter were 56 cents, missing the Zacks Consensus Estimate of 58 cents, and down 19% from 69 cents in the prior-year quarter [4] - Net revenues reached $9.91 billion, surpassing the consensus mark of $9.64 billion, reflecting a year-over-year increase of 5.5% [4] - Global comparable store sales increased by 4% year over year, supported by a 3% rise in comparable transactions and a 1% increase in average ticket [5] Operational Highlights - The company added 128 net new locations, bringing the total store count to 41,118, with 52% operated by Starbucks and 48% by licensed partners [5] - Non-GAAP operating margin contracted by 180 basis points to 10.1% due to increased labor costs and inflationary pressures [6] Segment Performance - North America segment net revenues were $7.28 billion, up 3% year over year, with comparable store sales rising 4% [7] - International segment net revenues increased by 10% to $2.06 billion, with comparable store sales up 5% [8] - Channel Development segment net revenues rose 20% to $522.7 million, although operating margin declined to 41.3% due to higher global product costs [11] Financial Position - The company ended the quarter with cash and cash equivalents of $3.41 billion, up from $3.22 billion at the end of the previous quarter [12] - Long-term debt remained stable at $14.6 billion [12] Future Outlook - Starbucks anticipates steady growth for fiscal 2026, projecting global and U.S. comparable store sales to rise at least 3% and overall net revenues to increase at a similar pace [13] - Non-GAAP EPS is expected to be between $2.15 and $2.40, with plans to open approximately 600 to 650 new coffeehouses worldwide [14]