Starbucks will trim "roughly 30%" of its menu items by the end of the 2025 fiscal year, CEO Brian Niccol said Tuesday. Why it matters: The coffee giant's U.S. sales fell 4% in the first quarter and transactions were down 8% but consumers spent more per visit,

Starbucks is scheduled to report earnings after today’s close. Here's a closer look at what the Street expects from SBUX.

Starbucks reported a smaller-than-expected fall in first-quarter comparable sales on Tuesday, in early signs of the struggling coffee chain benefiting from CEO Brian Niccol's efforts to revive demand.

Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold