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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.
New Starbucks boss to shake up menu as sales slide
The new boss of Starbucks says he will overhaul the global coffee chain's menu as the company continues to see its sales slide. Brian Niccol also announced that he was suspending the firm's financial forecasts for the coming year due to the "current state of the business".
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 Takes a Slide in Sales
Same store sales falling 6% in the recent quarter, us transactions down 10% marking the steepest decline since Covid.
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,
7h
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.
2d
on MSN
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North ...
Boca News Now
1d
Boca Raton Woman Sues Starbucks, Coffee Too Hot
BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2024 MetroDesk Media, LLC) — A Boca Raton woman is suing Starbucks, claiming ...
The Mining Journal
15h
Former Starbucks CEO, NMU alum Howard Schultz visits campus
One of Northern Michigan University’s most famous graduates — Howard Schultz, former CEO of Starbucks — recently visited campus. NMU President Brock Tessman interviewed Schultz about his business ...
2d
Coffee Mate’s New Cold Foam Dupes Rival Starbucks and Dunkin'
Cold foam lovers: are you tired of spending a fortune on your go-to morning sip? Well, you’re in luck. Coffee Mate is coming ...
KVRR
3d
Fargo Sanford Medical Center in talks to open possible Starbucks Coffee
Starbucks Coffee at Sanford USD Medical Center. courtesy, SiouxFalls.BusinessFARGO (KVRR) – Sanford Health is exploring the ...
Infosecurity-magazine.com
9d
Coffee Lovers Warned of New Starbucks Phishing Scam
A wave of emails masquerading as Starbucks offers have been circulating, promising coffee drinkers a free Starbucks Coffee ...
EconoTimes
8d
Which Coffee Machines Are Compatible with Starbucks by Nespresso Pods?
Brewing Starbucks coffee at home is easy with Starbucks by Nespresso pods, compatible with all Nespresso-branded machines, ...
QSR magazine
2d
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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