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Starbucks debuts surprise 'Mystery Boxes' including viral Bearista cups - in 5 festive new characters
Starbucks accused of 'surveillance pricing' as cost of coffee varies across NYC stores: 'Loyalty rewarded with price gouging'
Starbucks is discontinuing its breakfast sandwich featuring Impossible Foods’s sausage patty, extending a trend of restaurant chains moving away from plant-based meat options
Starbucks CEO Brian Niccol said building a multi-brand company is a possibility, two weeks after the chain shut down rumors that it was exploring a takeover of Chipotle Mexican Grill
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Starbucks $SBUX CEO Brian Niccol says the company could eventually expand beyond coffee and become a multi-brand business, similar to Yum Brands, which owns Taco Bell and KFC.
“Our scale provides an opportunity to go beyond just being a one-brand company.”
“You put other businesses into a portfolio that can leverage the strength of Starbucks — that could be an interesting proposition, down the road.”
Niccol added that he would “never say never” to acquisitions, although Starbucks remains focused on its own turnaround and doesn't need deals to meet its growth targets.
The comments come weeks after Starbucks dismissed rumors of a potential Chipotle takeover.
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Starbucks is looking into adding artificial intelligence to its drive-thrus
STARBUCKS SAYS HALF OF ITS INTERNATIONAL FY2027 OPENINGS WILL BE IN CHINA, EXPECTS FY2027 CAPEX OF 5% OF NET REVENUES, AND SEES 90-100 NET NEW NORTH AMERICA OPENINGS IN FY2027
Starbucks’ US sales rose faster than expected in the latest quarter, helped by spruced-up stores and a strong performance for the coffee chain’s autumn menu items
Starbucks international business disappoints but U.S. stores outperform
STARBUCKS Q4 COMPARABLE SALES ROSE 7.2%, ABOVE ESTIMATE OF +6.23%, WITH U.S. COMPARABLE SALES UP 7.7%, ABOVE ESTIMATE, WHILE INTERNATIONAL COMPARABLE SALES ROSE 0.9%, BELOW ESTIMATE OF +3.36%, AND THE COMPANY SAYS IT IS AHEAD OF SCHEDULE FOR ITS FY28 FINANCIAL FRAMEWORK
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