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Starbucks Baristas and Customers Have 1 Message to New CEO
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive settles in.
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 company's coffee shops are still hugely popular in the U.S., Niccol also has to contend with baristas and hardcore Starbucks customers who say they want plenty of changes.
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.
Starbucks Suspends Guidance
Starbucks Suspends Guidance as Sales Slump Persists
Starbucks said that it needs time to review the current state of the business, after same-store sales fell 7% in its most recently completed quarter.
Starbucks Suspends Its Outlook for 2025, Sending Its Stock Lower
Starbucks reported fourth-quarter revenue of $9.1 billion, down 3% year-over-year and below the analyst consensus from Visible Alpha. Earnings per share (EPS) at 80 cents declined from $1.06 a year ago and fell short of expectations of $1.03.
Starbucks Suspends 2025 Guidance After Another Sales Slump
Starbucks Corp. pulled guidance for 2025 after sales plunged for a third consecutive quarter, calling attention to the scope of the problems facing new Chief Executive Officer Brian Niccol.Most Read f
Starbucks is introducing 'Wicked' drinks to celebrate movie
'Wicked'-themed drinks, merchandise coming to Starbucks: How to get yours
Starbucks announced Monday it is partnering with Universal Pictures to unveil two new drinks inspired by the upcoming "Wicked" movie.
Starbucks is introducing 'Wicked' drinks to celebrate the movie
Starbucks is partnering with the entertainment company to celebrate the new film with drinks and merchandise inspired by the movie. Starting Tuesday, limited menu drinks made in honor of Oz’s iconic duo,
Starbucks begins selling ‘Wicked’ beverages and gift cards
Starbucks is partnering with Universal Pictures on a promotion built around “ Wicked ,” an origins story about the Wicked Witch of the West in “The Wizard of Oz.” The coffee chain is serving two cold beverages inspired by the main characters in the movie: Elphaba,
52m
on MSN
Starbucks in huge shake-up after biggest fall in sales since the pandemic
Financial results revealed like for like store sales dropped by 7% in the fourth quarter to September compared with 2023.
10h
Starbucks suspends annual forecast as new CEO prepares turnaround plan
Starbucks Corp said on Tuesday it was suspending its annual forecast as new CEO Brian Niccol develops a plan to turn around ...
8h
Starbucks to streamline ‘overly complex’ menu, fix prices as sales dip
The company reported preliminary results for its fourth quarter on Tuesday, showing a year-over-year drop in revenue for the ...
9h
on MSN
Starbucks suspends forecasts, shares tumble as chain warns turnaround ‘will take time’
CEO Niccol took over on Sept. 9 at a time when the coffee chain struggled with tackling weakness in two top markets, the US ...
10h
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 ...
10h
on MSN
Starbucks just pre-released its sales figures, and they show its new CEO has an uphill struggle ahead
Starbucks pre-released earnings on Tuesday, showing sales dropped. New CEO Brian Niccol said he plans to outline a broad ...
15h
What's on the holiday menu at Starbucks, Dunkin'? And when can you order them?
Holiday Cold Foams available this year include Peppermint Chocolate Cream, Sugar Cookie Cream, Chestnut Praline Cream, ...
10h
Starbucks shares drop as preliminary Q4 results show declining sales in US, China
Starbucks posted preliminary Q4 results that shocked the Street on Tuesday afternoon. The company reported quarterly revenue ...
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