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

Super Micro Computer's preliminary third-quarter earnings came in well below its previously-issued guidance, dragged down by some customers delaying orders of new servers and computer products. The ...

CEO Brian Niccol said the coffee shop giant’s second-quarter results were “disappointing,” but he said there are signs of ...

In North America, Starbucks’ biggest market, a decline in transactions drove a deeper-than-expected comparable sales decline.