Starbucks shares took a hit in after-hours trading on Tuesday after the coffee giant announced disappointing preliminary fourth-quarter results and suspended its guidance for the full fiscal year 2025. The company cited a decline in North American revenues, particularly in the U.S., and a drop in sales in China as key factors behind the weak performance. Despite the challenges, Starbucks has outlined a ‘Back to Starbucks’ plan to regain growth and has increased its dividend.
Mondelez International (MDLZ) shares are trading lower on Monday following the announcement that JAB Holding Company has acquired a majority stake in JDE Peet’s, the world’s leading pure-play coffee and tea company. JAB acquired 86 million shares of JDE Peet’s and also distributed shares to its limited partners, significantly increasing the free float of JDE Peet’s shares. This transaction marks the final distribution of JDE Peet’s shares to JAB Consumer Partners investors, leaving JAB with a controlling 68% stake in the company.
Looking for a decadent and easy dessert that will impress your guests? Look no further than this no-bake mocha cheesecake recipe, inspired by Jane Dunn’s delicious creation. This recipe features a buttery biscuit base, a swirled coffee and chocolate cheesecake filling, and a finishing touch of coffee whipped cream. It’s a delicious and satisfying dessert that is sure to please even the most discerning chocolate and coffee lovers.
A recent social media conversation sparked a debate about why Americans don’t use electric kettles as frequently as their British counterparts. The discussion revealed differences in coffee and tea preferences, voltage, and even safety concerns, highlighting a fascinating cultural divide in how we boil water.
Starbucks, under new CEO Brian Niccol, is scaling back on promotions and focusing on premium coffee after a year of heavy discounting. The company is aiming to improve in-store experiences and reinforce its premium image, shifting its focus to high-quality coffee and customer service instead of frequent deals.
Coffee cake is a beloved classic, but achieving that perfect balance of espresso and vanilla flavors can be tricky. A coffee expert reveals a simple trick for enhancing any coffee cake recipe, even Mary Berry’s, by using a strong brew instead of instant coffee.
Prime Big Deal Days is just around the corner, and with it comes incredible deals on Keurig coffee makers. We’ve curated a list of the top Keurig deals, featuring discounts of up to 40% off. Find the perfect Keurig for your coffee needs and budget, from basic models to smart coffee makers, all at prices that won’t break the bank.
Discover the unique methods astronauts use to prepare and enjoy their coffee fix in the microgravity environment of the International Space Station, including the ingenious invention of the Zero Gravity coffee cup.
Celebrity chef Gordon Ramsay reveals a surprising secret for the perfect steak: coffee! In a viral TikTok video, he demonstrates how coffee enhances the meat’s flavor in five different ways, from a coffee rub to a rich coffee sauce. His innovative technique has viewers eager to try this delicious twist on a classic dish.
Starbucks CEO Brian Niccol has issued a statement outlining the company’s approach to unionization and announced plans to revamp the in-store experience. The company is working with Workers United to create a framework for single-store contracts and emphasizes a commitment to engaging constructively with unions. While facing falling sales and increased unionization efforts, Starbucks is also looking to return to its core values of community and in-store experience.
