Starbucks reports sharp sales increase as turnaround gathers pace
Cafés open at least a year record strongest rise since 2023
Cafés open at least a year record strongest rise since 2023

Effort to freshen cafés, simplify menu and improve service helps world’s largest coffee chain reverse 18-month slide

Footfall is up and average amount per purchase has increased as group’s planned turnaround starts to deliver

Coffee chain has hired more baristas and imposed new hospitality standards to entice customers back

Wall Street nervous about ‘biggest human capital investment’ in coffee company’s history

World’s largest coffee shop chain has cancelled new cafés as sales wane

Consumer businesses under pressure from weaker economic backdrop and intense competition