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Thursday, September 24, 2020
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Culture Food Starbucks loses its buzz

Starbucks loses its buzz

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

Starbucks shares fell by the most in more than three months after the cafe chain warned that profits next year will grow more slowly than it forecast in March. In a presentation to Goldman Sachs’ Global Retailing Conference, the Seattle-based coffee giant said it expects adjusted earnings to grow less than 10% in its 2020 fiscal year, which begins Oct. 1. Its prior outlook was for 13% growth. Starbucks Corp. said the change

was due to two one-time items: accelerated share repurchases and tax benefits that boosted 2019 earnings. Chief Financial Officer Patrick Grismer said Starbucks is delivering on its expectations. “I would say we’re firing on all cylinders from an operating performance perspective with the focus and discipline necessary to drive growth at scale for a company like Starbucks,” he said.

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Latest News

Mars drops Uncle Ben’s, reveals new name for rice brand

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Nuts? Nope, Arlington business owner has the peanuts flying off the shelves

Miss flying? Enough people do that Qantas Airlines sold out a seven-hour “flight to nowhere” so passengers could have that airline experience...

Fort Worth entrepreneur, philanthropist to speak at Stories from the Stage

The next Stories from the Stage free webinar is Sept. 24 from 8:30-9:30 a.m. Moderator Carlo Capua will interview entrepreneur / philanthropist Larry Anfin, whose...

Ascension Coffee, ZAAP Kitchen announce openings in Fort Worth

 An Australian-style coffee shop and cafe and a restaurant focusing on Thai Street food and Lao cuisine are coming to Fort Worth.

Two new restaurants coming to Crockett Row

Two new restaurants offering international cuisine, as well as two new health, beauty and wellness service offerings, have opened or are opening...