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' 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 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 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 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.
What You Need To Know Ahead of Starbucks Earnings
Starbucks reports earnings for the first time under new CEO Brian Niccol on Wednesday afternoon, shortly after posting ...
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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 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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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 ...
Why Nike, Starbucks and Boeing have lost their magic
Starbucks, Nike and Boeing — share a common predicament at the moment. Each has a new CEO at the helm with a mission to clean ...
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.
Starbucks pares its loss as turnaround hopes offset the FQ4 earnings shocker
Starbucks (SBUX) faces challenges as new CEO Brian Niccol looks to turn around the coffee giant amidst declining sales in the ...
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 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 ...