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 revamping mobile orders.
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 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 the coffee giant struggling with falling demand for its pricey drinks.
Barclays sees investors buying into new Starbucks CEO’s vision
Barclays analyst Jeffrey Bernstein keeps an Overweight rating on Starbucks (SBUX) with a $110 price target after the company pre-announced Q4
Futures slip on higher bond yields; Starbucks falls after suspending forecast
U.S. stock index futures dipped on Wednesday as Treasury yields rose, driven by concerns of a potentially less dovish Federal Reserve, while investors focused on corporate earnings from Coca-Cola and Starbucks to assess the health of the economy.
Starbucks suspends forecasts, shares tumble as chain warns turnaround ‘will take time’
Starbucks suspended its forecast through the next fiscal year as new CEO Brian Niccol looks to turn around the coffee giant struggling with falling demand for its pricey drinks. The coffee chain also reported preliminary fourth-quarter results,
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.
Brewing a Caffeinated Comeback: How Bold Are Starbucks' Turnaround Bets?
Can Starbucks clean up its tarnished coffee crown? You will soon have a better view of the company's turnaround plans.
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 ...
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 ...
Starbucks Could See 'Easy Wins,' BofA Says, Despite Suspended Forecast
Starbucks shares lost ground after the coffee giant withdrew its outlook for 2025, but Bank of America analysts said they see ...
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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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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 ...
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.
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Brewing Change: Starbucks CEO Faces Challenges in U.S. Market
Starbucks' new CEO, Brian Niccol, faces challenges including placating investors, addressing staff complaints, and refining ...
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Starbucks Baristas, Customers Demand CEO Niccol To Make Changes, Here’s What They Have To Say
The firm's baristas have complained that they suffer from chronic understaffing, poor pay and benefits. They are also urging ...
Starbucks pares its loss as turnaround hopes offset the FQ4 earnings shocker
Starbucks Corporation (NASDAQ:SBUX) is in the spotlight after jolting investors by suspending its forecast through the next ...