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Starbucks Profit and Store Sales Fall
Starbucks Earnings and Store Sales Fall, but CEO Upbeat on Turnaround
Quarterly profit and same-store sales declined, but CEO Brian Niccol cited a “positive response” to the chain’s efforts to woo back customers.
Starbucks’ same-store sales extend fall amid fewer customers at cafés
Starbucks also imposed a new code of conduct at stores, requiring visitors to purchase something if they want to sit at a table or use the restroom. The code reversed a policy enacted in 2018 that declared anyone who crossed the threshold as a customer.
Starbucks Earnings Top Expectations as New CEO’s 'Back to Starbucks' Plan Unfolds
Starbucks reported fiscal first-quarter results that topped analysts’ expectations, despite sales and profit declines.
1d
Starbucks' better-than-expected results point to turnaround taking root
Starbucks reported a smaller-than-expected fall in first-quarter comparable sales on Tuesday, in early signs of the ...
2d
Starbucks sales set to drop again as investors wait for turnaround
Brian Niccol, who is four months into his new role, has set forth a raft of measures to improve the coffee chain's business.
1d
on MSN
Starbucks Is Betting on Bold Floral Flavors and Spicy Treats for Its Spring Menu
The Seattle-based coffee giant just confirmed that it's bringing back two fan-favorite lavender drinks — along with an ...
1d
on MSN
Starbucks Posts Smaller Comparable Sales Decline Than Expected as Turnaround Takes Root
Niccol, credited with reviving burrito chain Chipotle Mexican Grill, has looked to return Starbucks to its coffee house roots ...
Legit on MSN
1d
Starbucks profits fall but points to progress in turnaround
Starbucks reported lower profits Tuesday in results that still topped expectations as the company's new CEO described various ...
2d
on MSN
What Analysts Think of Starbucks Stock Ahead of Earnings
Starbucks is expected to report fiscal first-quarter results after the market closes Tuesday, with analysts calling for ...
1d
Starbucks Reports Weak Earnings as It Tries to Woo Back Customers
That showed in the company’s results. While improving, revenues and same-store sales were still lackluster, as Starbucks ...
1d
on MSN
Starbucks shakes up its leadership again, adding two former Taco Bell executives
CEO Brian Niccol said the company is changing the operating model for its retail team, which led to the shakeup.
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