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.
Starbucks stock drops as preliminary Q4 results show declining sales in US, China
Starbucks also suspended its full-year fiscal 2025 guidance, citing its transition to new CEO Brian Niccol and to allow time ...
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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, ...
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 to streamline ‘overly complex’ menu, fix prices as sales dip
Narasimhan’s replacement was immediately cheered by some of Starbucks’ biggest investors, and Wall Street responded with ...
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company’s same-store sales slid for its third consecutive quarter, fueled by a 10% tumble in traffic to its North ...
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Starbucks introduces new Wicked beverages and merch in Universal Pictures collab
In a collaboration with Universal Pictures, Starbucks is releasing new drinks and merchandise to celebrate the upcoming release of “Wicked,” the book-turned-musical-turned-movie prequel to “The Wizard ...
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 ...
Starbucks shares slide after preliminary results show sales fell again
Starbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again. The company’s preliminary net ...