Starbucks Shares Plunge After Weak Q4 Preview, Guidance Suspended

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.

Starbucks CEO Addresses Unionization Efforts, Plans to Revive In-Store Experience

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.

Scroll to Top