Starbucks Price Increase May 2024. Starbucks will continue to raise prices in 2022 due to a combination of labor costs and supply chain disruptions. Starbucks is accelerating price increases to mitigate rising supply chain disruption and cost pressures, executives said during to a q1 earnings call.

Following the leadership shift, starbucks’ share price surged by 20%, indicating strong investor approval. Starbucks’s ceo recently spoke to the ap to discuss the state of the company’s business.