For the quarter ended Dec. 29, 2024, Starbucks’ net income fell 24% to $780 million, equal to 69¢ per share on the common stock, compared to the first quarter of fiscal 2024 when the company earned $1 ...
“There is a need,” Sara Trilling, the president of Starbucks North America, wrote in a letter to store managers, “to reset expectations for how our spaces should be used, and who uses them.
He also wants to restore some of the warmth lost as Starbucks focused on app-based business and removed comfortable chairs to streamline operations. Among the other changes due on Monday will be the ...