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Starbucks CEO explains turnaround plans

Business Insider · 4h

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.

TheStreet on MSN · 3h

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 Stock Skids

Wall Street Journal · 16h

Starbucks Stock Skids After Coffee Chain Suspends Guidance

Starbucks shares sold off premarket after world's largest coffee chain missed earnings and sales expectations and suspended annual financial guidance. Read more:

Business Insider · 1d

Starbucks Q4 Preliminary EPS Down; Suspends FY25 Guidance

Starbucks Corp. (SBUX) reported that its preliminary earnings per share for the fourth quarter of fiscal year 2024 was $0.80, down

Bloomberg L.P. · 1d

Starbucks Suspends Its Guidance After Sales Plunge

Good morning. Starbucks sales slumped again, sending its share price lower. China’s electric vehicle exports to Europe soar ahead of incoming levies. And Louis Vuitton put a twist on its handbag for women on the go.

11hon MSN

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 ...

5h

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 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 coffee ...

10hon MSN

Starbucks Suspends Annual Forecast as New CEO Prepares Turnaround Plan

(Reuters) -Starbucks Corp suspended its forecast through the next fiscal year as new CEO Brian Niccol looks to turn around ...

5h

Starbucks US sales down as traffic nosedives

CEO Brian Niccol said the chain will address issues with its complex menu, pricing architecture and mobile order and payments ...

16hon MSN

‘Back to Starbucks’ Could Have a Retro Feel—and Valuation

New boss Brian Niccol got some bad news out of the way early, but bringing back the Starbucks of old will come with a lower ...

4h

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 ...

4h

Starbucks reports weak quarterly results despite arrival of PSL

The Seattle coffee giant on Tuesday reported weaker-than-expected sales in its fiscal fourth quarter, which ended Sept. 29.

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