Starbucks faces challenges in reviving its business, CEO Brian Niccol said on Tuesday, after the coffee giant posted ...

Starbucks (SBUX) reported second quarter earnings Tuesday that came in below Wall Street estimates as new CEO Brian Niccol ...

Starbucks (SBUX) stock dropped as much as 6.7% Tuesday in after-hours trading as the coffee giant's second quarter earnings ...

Starbucks CEO Brian Niccol’s turnaround efforts showed signs of progress even as the coffee giant missed estimates for ...

Starbucks will invest more in staffing and less on equipment, including an automation system that it previously touted, CEO ...

Investors have placed their bets on Niccol's turnaround strategy for the brand, whose sales have fallen for four straight ...

Starbucks missed estimates for second-quarter results, yet CEO Brian Niccol promised more changes to the coffee chain's ...

Starbucks announced Tuesday that it is exploring an aperitivo menu featuring "sparkling beverages, sippable coffee drinks, ...

But those efforts have been costly. Starbucks said its net income dropped 50% to $384 million in its fiscal second quarter.

Starbucks is investing in more baristas and hours for them in the latest chapter of its turnaround, CEO Brian Niccol said.

Profit fell 50 percent in the quarter, and the company said one reason was its hiring of additional workers to help its turnaround strategy.