Wall Street Breakfast Starbucks perks up after turnaround update
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Jul 30, 2025 Starbucks is on the rise, announcing a $0.5 billion labor investment for its Green Apron Service rollout. A recent earthquake near Russia triggered tsunami alerts on the U.S. West Coast. The financial sphere buzzes as a strategy firm makes headlines with a $2.4 billion Bitcoin acquisition. The podcast also dives into Visa's impressive 26% revenue growth amid advances in digital and AI services. Amidst all this, the market reacts to emerging economic data and stock developments.
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Starbucks' Turnaround Progress
- Starbucks' turnaround is ahead of schedule with resilient sales offsetting margin weakness.
- The Green Apron service boosts transactions, sales, and customer service times significantly.
Starbucks Operational Strategy
- Accelerate Green Apron Service to uplift 1,000+ stores and improve operational standards.
- Introduce store prototypes with 30% lower build costs and phase out mobile order-only concepts by FY26.
Starbucks China Commitment
- Starbucks remains committed to its China business and seeks to keep a meaningful stake.
- Any transactions in China must make strategic sense for the company.