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Starbucks baristas and customers have 1 message to new CEO
Starbucks reveals what an enormous mess its new CEO has to clean up
Starbucks’ new CEO Brian Niccol has a Herculean task in front of him to change the dire state of affairs that the world’s largest coffee chain is currently brewing in.
Starbucks baristas and customers have one message to new CEO: change!
Oct 22 (Reuters) - Starbucks' new CEO Brian Niccol has his work cut out for him. Tasked with reassuring investors that the company's coffee shops are still hugely popular in the U.S., Niccol also has to contend with baristas and hardcore Starbucks customers who say they want plenty of changes.
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 Stock Skids
Starbucks Stock Drops After Dismal Earnings, Suspended Guidance
Starbucks stock was falling early Wednesday after the company’s earnings and it suspended guidance.Starbucks reported a profit of 80 cents a share after the closing bell on Tuesday, missing forecasts for $1.
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:
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
25m
on 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 ...
1h
on MSN
Starbucks faces ‘challenging road ahead’ with no ‘quick fix,’ says Oppenheimer
Starbucks Corp.’s preliminary fourth-quarter results this week highlight the scale of the challenges facing the company’s new ...
QSR magazine
1h
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, ...
Investopedia
2h
Starbucks Price Levels to Watch as Stock Drops After Company Suspends Outlook
Starbucks
shares dropped in premarket trading on Wednesday after the global coffee chain suspended its 2025 outlook and ...
16h
on MSN
Starbucks suspends forecasts, shares tumble as chain warns turnaround ‘will take time’
CEO Niccol took over on Sept. 9 at a time when the coffee chain struggled with tackling weakness in two top markets, the US ...
47m
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.
7m
Starbucks boss shakes up menu to win back customers
The new boss of Starbucks has promised to simplify its "overly complex menu" as the coffee chain attempts to win back customers and boost falling sales. Brian Niccol said the company needed to ...
Baking Business
43m
Starbucks resetting its strategy
As part of the communication strategy, Niccol said Starbucks must reintroduce itself. “We’re fundamentally changing our ...
18h
Starbucks hires former Chipotle exec amid plan to turn company around
Starbucks CEO Brian Niccol has hired a familiar face to lead the company's global branding efforts. Niccol, the former head ...
1h
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 ...
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