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Starbucks Earnings and Store Sales Fall, but CEO Upbeat on Turnaround
Starbucks said business continued to slide at cafes and its profit fell in the most recent quarter, though executives said they saw progress in their efforts to make cafes more welcoming and less hectic.
Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Starbucks beats low earnings expectations for its first quarter under new CEO
As part of CEO Brian Niccol's Back to Starbucks plan, the company is making changes to get loyal customers back in the door.
Starbucks posts smaller sales decline than expected as turnaround takes root
Starbucks reported a smaller-than-expected fall in first-quarter comparable sales on Tuesday, in early signs that the struggling coffee chain was benefiting from CEO Brian Niccol's efforts to revive demand.
Restaurant Business
24m
Brian Niccol's plan for Starbucks: More Starbucks
The coffee giant believes it can double its company-store count in its home market. It is also planning major menu cuts and ...
19m
A top Starbucks analyst went on a stealthy mission to test the company’s vibe shift and saw three signs of tactical changes
On his Starbucks runs in Los Angeles and San Diego, Gargiulo said he was pleasantly surprised to see three of these tactics ...
10h
on MSN
Starbucks CEO Brian Niccol awarded $96 million pay package after 4 months on the job
Starbucks CEO Brian Niccol was recently awarded a $96 million compensation package after four months of leading the company.
cnbctv18
4m
Starbucks comeback gains momentum with sales slump easing
The results suggest Starbucks is already making headway, even if it comes at a cost to profit. Earnings per share were ...
7h
Will Starbucks's new CEO Brian Niccol boost Q1 results?
Starbucks (SBUX) is set to release its fiscal first quarter earnings report after markets close on Tuesday. The report holds ...
2h
Starbucks hires former Taco Bell execs for C-suite roles
Starbucks Corp. (Nasdaq: SBUX) CEO Brian Niccol is once again shaking up the coffee giant's C-suite, and he's bringing more of his former colleagues to fill it.
2h
on MSN
Starbucks' sales turnaround plan seems to be working
Starbucks reported first-quarter results that were better than expectations, though sales at the coffee chain still fell.
4h
Starbucks posts smaller-than-expected comparable sales decline as turnaround takes root
Starbucks reported a smaller-than-expected fall in first-quarter comparable sales on Tuesday, indicating early signs of ...
Axios on MSN
58m
Starbucks plans to cut 30% of its menu, make changes to mobile ordering, CEO announces
Starbucks will trim "roughly 30%" of its menu items by the end of the 2025 fiscal year, CEO Brian Niccol said Tuesday. Why it ...
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