Starbucks (NASDAQ:SBUX) broke higher in Monday trading after the U.S. and China agreed to lower tariffs. Investors may be ...

The company plans to hire additional employees across 1,500 to 2,000 US stores by May, expanding to 3,000 by year-end.

As coffee chains in China struggle with a bitter combination of sluggish consumption and cutthroat pricing, Starbucks and Luckin Coffee regained momentum in the last quarter by focusing on lower ...

In China, Starbucks’ second-largest market, a 6% drop in comps reflects the intense competition it faces and a slower than expected economic recovery. Tariffs on imported goods, including coffee ...

Starbucks investors seemed prepared for the less-than-stellar news. Shares initially dropped as much as 2%, but by the end of the first half-hour of after-hours trading following its release of ...

Meanwhile, Niccol said Starbucks remains committed to growing its China business over the long term. Overall revenue rose 2% to $8.72 billion as it continues to increase its store base.

Both domestic and international coffee chains are feeling the impact, with Starbucks emerging as one of the biggest losers. The chain, once synonymous with coffee in China, fell to 14 per cent of ...