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Starbucks Reports Better-Than-Expected Quarterly Sales
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' 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 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 hold
Starbucks plans to cut 30% of its menu
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 it streamlines service.
See you latte: Starbucks plans to cut 30% of its menu
Starbucks is trying to fix falling sales by changing its vibe back to coffee-house roots. The new CEO says parts of the plan, like free non-dairy milk, are helping bring people back.
Starbucks to cut 30% of its menu, change mobile ordering
Starbucks will trim "roughly 30%" of its menu items by the end of the 2025 fiscal year, CEO Brian Niccol said Tuesday.
Starbucks shares pop
Starbucks Q1: Wholesale Business Changes Are Incoming, And They May Not Work
Starbucks shares surged on new CEO's plan, but declining sales and high valuation pose risks to the company's future performance. Read more on SBUX stock here.
Starbucks shares pop after reporting Q1 beat
Nick Setyan, Wedbush Managing Director, joins 'Closing Bell Overtime' to talk Starbucks' quarterly results.
Starbucks Q1 Earnings Beat Expectations Despite Sales Decline
Starbucks Corporation (NASDAQ:SBUX) reported better-than-expected fiscal first-quarter results, with shares climbing over 3% in after-hours trading. The coffee giant posted earnings per share of $0.69 on revenue of $9.
2h
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 ...
4h
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 ...
10h
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.
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.
4h
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 ...
2h
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 ...
5h
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 ...
The North Bay Business Journal
26m
Got milk? At Starbucks the answer is yes, and it’s back on the condiment bar
Free refills and milk are back at the stores, with certain exceptions, all a part of the Seattle-based company’s January ...
2h
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 ...
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