Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: 'Zeroing In' On Right Issues
Analysts are weighing in after Starbucks Corp. (NASDAQ:SBUX) on Tuesday reported worse-than-expected preliminary fourth-quarter results and suspended its guidance for 2025. The Details: In a surprise move,
Starbucks’ new CEO Brian Niccol is planning a menu upgrade, but will it bring back customers?
Brian Niccol, the newly appointed head of the coffee chain, has outlined a plan to simplify the company’s menu and reassess its pricing strategy. The move comes as global sales declined by 7% between July and September 2024, with the downturn most pronounced in China, where sales dropped by 14%.
Starbucks has suspended its fiscal 2026 outlook following a 7% drop in same-store sales, marking the third consecutive ...
The java chain reported sales that fell for the third quarter in a row and suspended its guidance for the full fiscal year ...
Starbucks CEO Brian Niccol said Tuesday that he wants to make changes for the company's baristas by addressing staffing and ...
CEO Brian Niccol said the chain will address issues with its complex menu, pricing architecture and mobile order and payments ...
CEO Niccol took over on Sept. 9 at a time when the coffee chain struggled with tackling weakness in two top markets, the US ...
Starbucks’ new CEO Brian Niccol has his work cut out for him. Tasked with reassuring investors that the company’s coffee ...
Related: Starbucks CEO gets unexpectedly tossed; analyst resets stock target “I am excited to join Starbucks and grateful for ...
Starbucks Corporation (NASDAQ:SBUX) is in the spotlight after jolting investors by suspending its forecast through the next ...
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