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Starbucks says the little things are helping its turnaround. It still faces these big hurdles.
Shares of Starbucks Corp. inched higher after hours Tuesday after the coffee chain reported quarterly results that beat expectations, as it tries to revive sales following a year marked by cautious consumers.
Starbucks gains after showing signs that a turnaround is percolating
Operating margin contracted to 11.9% of sales from 15.7% in the prior year, primarily driven by deleverage and investments in support of the Back to Starbucks initiative, including store partner wages,
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 struggling coffee chain benefiting from CEO Brian Niccol's efforts to revive demand.
Starbucks Earnings and Store Sales Fall, but CEO Upbeat on Turnaround
Quarterly profit and same-store sales decline, but CEO Brian Niccol cites “positive response” to chain’s efforts to woo back customers.
1h
on MSN
Starbucks to cut a third of its menu offerings this year as the coffee giant streamlines service
In a Tuesday earnings call, Starbucks CEO Brian Niccol said the coffee giant will cut 30% of its menu offerings this year as ...
1h
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 ...
5h
on MSN
Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take ...
3h
Starbucks' Niccol aims to tame the chain's mobile order floods
Starbucks' new CEO, Brian Niccol, has a vision to make Starbucks into a classic coffeehouse, but he has to contend with an ...
1h
on MSN
Starbucks to add ‘panic buttons’ in stores to boot ‘laptop lurkers’ and loiterers
Starbucks will be installing “panic buttons” at a number of locations to help staff non-confrontationally kick out customers ...
3h
A top Starbucks analyst went on a stealthy mission to test the company’s vibe shift and saw three signs of tactical changes
On his Starbucks runs in Los Angeles and San Diego, Gargiulo said he was pleasantly surprised to see three of these tactics ...
1d
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.
9h
Earnings Preview: What To Expect From Starbucks
Starbucks is scheduled to report earnings after today’s close. Here's a closer look at what the Street expects from SBUX.
1h
Ticker: Starbucks turnaround efforts begin; Consumer confidence dips again
Starbucks on Tuesday reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start ...
Nerdist on MSN
9h
Starbucks Will Offer Free Refills for Paying Customers… But There’s a Catch
Starbucks is bringing back free refills and a condiment station, but there are few rules to be able to use these services.
8h
Starbucks Just Made a Huge Change That Will Make Customers Very Happy
Former CEO Howard Schultz transformed Starbucks from its humble roots to a coffee powerhouse by creating what he liked to ...
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