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Starbucks suspends annual forecast
Starbucks' new CEO recognizes one key to its turnaround lies with baristas
Starbucks CEO Brian Niccol said Tuesday that he wants to make changes for the company's baristas by addressing staffing and revamping mobile orders.
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.
Starbucks suspends annual forecast as new CEO works on turnaround plan
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. The coffee chain also reported preliminary fourth-quarter results,
Starbucks Stock Skids
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 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.
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
2h
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’ Bad News Is a Warning for Nike, and a Reminder for Investors
Starbucks’ disappointing preliminary earnings reminded markets of a harsh truth: Large-scale turnarounds take time. Nike ...
Fast Company
17h
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 ...
1h
on MSN
Starbucks' new CEO wants to get back to the basics
Starbucks (SBUX) thinks it has a problem: enjoying a cup of coffee is too complicated. Once a beloved gathering place, many ...
7h
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 ...
1h
on MSN
These Stocks Are Moving the Most Today: McDonald’s, Boeing, Enphase, Texas Instruments, AT&T, Starbucks, Vertiv, Tesla, and More
Stocks fell Wednesday and the S&P 500 extended losses for a third day as Wall Street bets on less aggressive interest-rate ...
4h
Tesla Earnings After The Close And Starbucks Withdraws Guidance
Starbucks withdrew its full year sales guidance after announcing same-store sales for the quarter ended September 29th fell 6 ...
6h
Starbucks quarterly shocker reveals big challenges for new CEO
Starbucks's (SBUX) new CEO Brian Niccol — who has been hailed as the savior of Chipotle (CMG) — has his work cut out for him ...
Opinion
7h
Opinion
Starbucks CEO Pours a Cold Brew
Coffee pours from a coffee machine into a cardboard coffee cup inside a Starbucks Corp. coffee shop in London, U.K., on ...
19h
on MSN
Starbucks reports weak quarterly results despite the arrival of Pumpkin Spice Latte season
It’s been a disappointing start to Pumpkin Spice Latte season for Starbucks. The Seattle coffee giant on Tuesday reported ...
4h
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 ...
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