Starbucks explores options for its Japan business, including a stake sale or IPO
The coffee chain is reportedly in preliminary talks with banks about potential transactions that could value its Japan unit at as much as $3.1 billion.
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The coffee chain is reportedly in preliminary talks with banks about potential transactions that could value its Japan unit at as much as $3.1 billion.
THE APEX TIMES
Starbucks is reportedly in early talks with advisers about potential moves tied to its Japan business, as CEO Brian Niccol points to continued overseas growth opportunities.
A CNBC report highlighted a shift in Starbucks customer patterns, pointing to steadier growth outside the morning rush, while the company under CEO Brian Niccol continues to pursue a broader turnaround.
A new stock-comparison piece frames Starbucks around global scale, while Texas Roadhouse is positioned around restaurant-level profitability and momentum. What remains unclear is how sustainable each company’s current trends are under a still-fragile restaurant consumer.
The coffee chain reported improving costs discipline in its fiscal 2026 second quarter, raised its non-GAAP earnings-per-share range, and reiterated that $2 billion in gross savings is on track to flow through the back half of the turnaround.
The company said Niccol will participate in a June 9 session, with the conversation set to be streamed from Starbucks’ investor website.
The company says midday and afternoon dayparts account for $11 billion in sales after 11:00 a.m., and it is reshaping menus, digital signage, and music to turn the 3 p.m. slump into a new habit.
After a 9% drop over four weeks, Starbucks is now “oversold” by technical measures, while Wall Street analysts have reportedly been moving their profit forecasts upward. The turnaround message from Starbucks is also backed by recent company guidance for fiscal 2026.
A recent market analysis framed Chipotle Mexican Grill’s recovery as more tangible while casting doubt on whether Starbucks is executing a lasting fix for its recent slump.