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
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 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 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.
What You Need To Know Ahead of Starbucks Earnings
Key Takeaways Starbucks reports fourth-quarter earnings after the market closes Wednesday, a week after it posted ...
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 ...
Why Starbucks, Nike and Boeing are looking for a time machine
Starbucks, Nike and Boeing — share a common predicament at the moment. Each has a new CEO at the helm with a mission to clean ...
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 ...
Starbucks Could Have An Enormous Upside Value Under An Audacious CEO
Starbucks is set to release its annual earnings on October 30 making it a crucial time to reassess the company's valuations.
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 ...
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Starbucks baristas and customers seek changes from new CEO
Starbucks’ new CEO Brian Niccol has his work cut out for him. Tasked with reassuring investors that the company’s ...
Prediction: Chipotle Mexican Grill Stock Will Outperform Starbucks Stock Over the Next 5 Years
Starbucks stock has been the better buy of late, but investors shouldn't assume that will remain the case over the long term.
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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 ...
Starbucks reports weak quarterly results despite the arrival of Pumpkin Spice Latte season
It’s been a disappointing start to Pumpkin Spice Latte season for Starbucks. The Seattle coffee giant on Tuesday reported ...
Starbucks pares its loss as turnaround hopes offset the FQ4 earnings shocker
Starbucks Corporation (NASDAQ:SBUX) is in the spotlight after jolting investors by suspending its forecast through the next ...