Starbucks Shrank Retail Staff 8% Despite Hundreds of New Stores [Yahoo! Finance Canada]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- Starbucks Corp. reduced its US retail workforce by 8% in its most recent fiscal year, even as the coffee chain added hundreds of new locations. Most Read from Bloomberg The company's overall headcount in its home market fell to 211,000 as of Sept. 29, down from 228,000 a year earlier, according to a regulatory filing Wednesday. Of that total, 201,000 work in the company's cafes, down 8% from 219,000 in 2023. It's the second straight year that the tally of US workers has fallen. At the same time, Starbucks added a net 513 company-operated stores in the US, bringing the total to 10,158. Starbucks' operations are under scrutiny following a sales slump that led to the abrupt ouster of Chief Executive Officer Laxman Narasimhan. He was replaced with industry veteran Brian Niccol, who is leading turnaround efforts that include simplifying the company's menu and making its cafes more welcoming, in part by adding more comfortable seats. Headcount has been an area of c
Show less
Read more
Impact Snapshot
Event Time:
SBUX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBUX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBUX alerts
High impacting Starbucks Corporation news events
Weekly update
A roundup of the hottest topics
SBUX
News
- Full-Shopping Boycotts Sweep Europe Over High Prices—Now, One US Community Is Following Suit But For A Different Cause [Yahoo! Finance]Yahoo! Finance
- Succession at Bain & Company [Yahoo! Finance]Yahoo! Finance
- Starbucks sued by Missouri AG for alleged discriminatory practices [Yahoo! Finance]Yahoo! Finance
- Specialty Coffee Shops Market to Grow by USD 50.8 Billion from 2025 to 2029, Driven by Rising Coffee Consumption, Report with Market Evolution Powered by AI - Technavio [Yahoo! Finance]Yahoo! Finance
- Top 16 Ways To Make Money Online in 2025 [Yahoo! Finance]Yahoo! Finance
SBUX
Earnings
- 1/28/25 - Beat
SBUX
Sec Filings
- 2/14/25 - Form DEFA14A
- 2/14/25 - Form PX14A6G
- 1/28/25 - Form 10-Q
- SBUX's page on the SEC website