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Starbucks earnings disappoint

Reuters on MSN · 1h

Starbucks earnings disappoint as CEO Niccol's strategy faces US hurdles

By Juveria Tabassum (Reuters) -Starbucks faces challenges in reviving its business, CEO Brian Niccol said on Tuesday, after the coffee giant posted disappointing global comparable sales and profit with inflation and economic uncertainty driving up costs and dampening U.

Yahoo Finance on MSN · 4h

Starbucks stock plummets as CEO Brian Niccol calls earnings miss 'disappointing'

Starbucks (SBUX) stock dropped as much as 6.7% Tuesday in after-hours trading as the coffee giant's second quarter earnings report disappointed Wall Street and cast a shadow over its CEO's plan to turn around the company.

Barron's on MSN · 3h

Starbucks Misses Earnings Estimates. The Turnaround Plan Has “Momentum,” CEO Says.

The coffee giant reported 41 cents in earnings per share—lower than the 49 cents estimates from analysts polled by FactSet.

Starbucks Says Turnaround Is on Track

The Seattle Times · 24m

Starbucks CEO’s turnaround isn’t happening fast enough for Wall Street

CEO Brian Niccol thinks it is. Wall Street is not so sure. Starbucks brought on Niccol in September to liven up the Seattle-based coffee chain’s sales and repair its reputation. The wildcard popping up is a burgeoning and erratic trade war between the U.S. and China, Starbucks’ second largest market and a key supplier.

Insider on MSN · 3h

Starbucks CEO says it's making progress on turnaround. Sales are still falling

Starbucks missed estimates for second-quarter results, yet CEO Brian Niccol promised more changes to the coffee chain's stores.

U.S. News & World Report · 3h

Starbucks Says Turnaround Is on Track, but Quarterly Earnings and Sales Fall Short

Starbucks' sales are on the upswing again, but the company says its turnaround efforts are far from complete. The coffee giant said Tuesday that its quarterly revenue rose 2% to $8.76 billion in the January-March period.

4hon MSN

Starbucks earnings miss forecasts as CEO Brian Niccol touts 'real momentum' in turnaround plan

Starbucks (SBUX) reported second quarter earnings Tuesday that came in below Wall Street estimates as new CEO Brian Niccol's ...

14m

Starbucks is embracing Euro vibes and exploring an aperitivo menu

Starbucks announced Tuesday that it is exploring an aperitivo menu featuring "sparkling beverages, sippable coffee drinks, ...

1don MSN

Starbucks’ new CFO has turnaround chops. Here’s how she plans to help Brian Niccol fix the company

And now, as Starbucks’ new chief financial officer, Smith can help fix that herself with her central role alongside chief ...

4hon MSN

Starbucks Is Reinventing Itself. Earnings Will Show the Progress.

For the second fiscal quarter ended in March, analysts polled by FactSet expect Starbucks to post 49 cents in earnings per ...

1hon MSN

Starbucks is staffing up its stores with baristas and ditching machines in the latest stage of its turnaround

Starbucks is investing in more baristas and hours for them in the latest chapter of its turnaround, CEO Brian Niccol said.

Stocktwits on MSN1d

Starbucks Union Snubs 2% Pay Hike Ahead Of Q1 Earnings — Retail Stays Upbeat

Representatives of a union of Starbucks baristas have rejected the coffee chain's latest proposal that guarantees annual ...

6don MSN

What’s Really Going On When a Starbucks Barista Writes a Cheery Message on Your Cup

CEO Brian Niccol’s goal to restore some of the coffee chain’s former homey feel includes baristas adding upbeat greetings and ...

4d

Starbucks Has Returned To Earth, But It's Still Not A Good Buy

Starbucks' "Back to Starbucks" strategy under Brian Niccol lacks substance, and stock performance has been disappointing.

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