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New Starbucks CEO faces trenta-sized challenge as coffee chain addresses sales slump
Starbucks Corp. shares declined after sales plunged for the third consecutive quarter and the company pulled its guidance for 2025, calling attention to
Starbucks CEO says company will fix 'overly complex menu' to reverse sales slump
Starbucks CEO Brian Niccol announced that the coffee giant plans to fix its menu and pricing as it seeks to boost traffic and turn around sagging sales.
Starbucks' sliding sales show its new CEO has his work cut out for him
Starbucks pre-released earnings on Tuesday, showing sales dropped. New CEO Brian Niccol said he plans to outline a broad turnaround agenda next week.
Starbucks makes major announcement amid falling sales
Starbucks releases its preliminary results, and things aren't looking up. On Tuesday, nearly two months after Niccol began his reign as Starbucks' new CEO, the company dropped the
Starbucks CEO explains turnaround plans after sales dip
Starbucks Chief Executive Brian Niccol announced Tuesday that the Seattle-based coffee chain needs to "fundamentally change" its strategy after the company's sales fell again this quarter. Amid talks of turnaround,
Starbucks in Crisis: New CEO Slashes Menu as Sales Plunge 6%!
We’ve drifted from our core, and customers are visiting less often.” – Brian Niccol, the new Starbucks CEO, didn’t mince words as he announced a complete overhaul of the coffee giant’s strategy. Faced with three consecutive quarters of declining sales,
Starbucks earnings drop yet again, amid declining sales
Coffee giant Starbucks reported yet another earnings drop amid declining sales. Starbucks stock fell after the company announced significant business changes are ahead.
Starbucks Fails At Reversing Declining Sales
On Wednesday, Starbucks (NASDAQ: SBUX) released preliminary fourth quarter results that fell short of estimates as weak U.S. demand resulted in declines in same store sales, net revenue and profit. Upon the release that showed same-store sales continued to decline for the third consecutive quarter,
Starbucks reports weak quarterly sales
US coffee giant Starbucks on Tuesday released preliminary results showing that sales are continuing to fall, as the new chief executive officer (CEO) vowed a strategic overhaul to turn the company around.
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Starbucks Could Have An Enormous Upside Value Under An Audacious CEO
Assessing Starbucks' valuations ahead of annual earnings release on October 30 amid new CEO's uncertain strategy - will ...
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Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: 'Zeroing In' On Right Issues
Analysts are weighing in after Starbucks Corp. (NASDAQ:SBUX) on Tuesday reported worse-than-expected preliminary ...
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Why Your Favorite Starbucks Drink May Soon Be Gone
Starbucks CEO Brian Niccol announced that he's looking to streamline the Seattle-based chain's menu, hoping to improve ...
Business Insider on MSN
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A key to the new Starbucks CEO's turnaround plan may be baristas
Starbucks CEO Brian Niccol said Tuesday that he wanted to make changes for the company's baristas by addressing staffing and ...
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Starbucks’ new CEO Brian Niccol is planning a menu upgrade, but will it bring back customers?
Brian Niccol, the newly appointed head of the coffee chain, has outlined a plan to simplify the company’s menu and reassess ...
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on MSN
Starbucks shares fall after warning inflation-battered customers are cutting back
The java chain reported sales that fell for the third quarter in a row and suspended its guidance for the full fiscal year ...
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on MSN
Starbucks Stock Drops After Dismal Earnings. It’s a Vote of Confidence in New CEO Niccol.
Starbucks stock was falling early Wednesday after the company’s earnings and it suspended guidance. But the size of the ...
QSR magazine
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Starbucks in Need of Fundamental Changes, CEO Brian Niccol Says
Starbucks’ new CEO Brian Niccol spoke for just about six minutes in a pre-recorded video released Tuesday afternoon. In it, ...
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on MSN
Starbucks suspends forecasts, shares tumble as chain warns turnaround ‘will take time’
CEO Niccol took over on Sept. 9 at a time when the coffee chain struggled with tackling weakness in two top markets, the US ...
1d
on MSN
Analysts revise Starbucks stock price target after preliminary results
Related: Starbucks CEO gets unexpectedly tossed; analyst resets stock target “I am excited to join Starbucks and grateful for ...
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