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 plans to downsize menu, roughly cutting 30% of beverage, food offerings
Is Starbucks cutting its menu? Coffee chain announces offerings will be 'optimized'
In a Tuesday earnings call, Starbucks chairman and CEO Brian Niccol said the company would be cutting its menu by 30% in the coming months.
Starbucks says the little things are helping its turnaround. It still faces these big hurdles.
Shares of Starbucks Corp. rallied 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.
Analysts lift Starbucks’ stock price targets as Wall Street buys into turnaround
Wednesday as Wall Street analysts hiked their price targets for the stock and bought into upbeat comments from Chief Executive Brian Niccol after his first full quarter at the helm. Niccol said Tuesday the company’s work to freshen its brand around coffee craftsmanship “is just beginning.
Seattle Daily Journal of Commerce20h
Starbucks sales better than expected
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Business Insider1d
Starbucks Corp. Stock , SBUX
Starbucks is a pioneer of the “second wave” coffee movement, with its origins in Seattle near the famous Pike Place Market. Starbucks stock price has seen tremendous growth since its 1992 IPO ...
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 to take hold.
MarketWatch1d
The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike
The creator of a fund designed to punish companies engaging in diversity, equity and inclusion activities says the Republican sweep hasn’t really deterred companies as much as has been suggested ...
Analysts lift Starbucks' stock price targets as Wall Street buys into turnaround
Among them, Citigroup edged up its Starbucks price target by $1 to $100 a share and reiterated a neutral rating, while Goldman Sachs analysts lifted their view to $111a share from $109 a share and stuck to their buy rating on the stock, according to FactSet data.
Starbucks sees improved quarterly sales as turnaround efforts begin
Chairman and CEO Brian Niccol, who joined the company in September, said customer-focused changes - such as a decision to stop charging extra for non-dairy milk and a streamlining of the menu - were helping to improve service and drive store traffic.
Starbucks: EPS Beats Despite Sales Dip
The earnings announcement was a mixed bag, with earnings per share (EPS) and revenue slightly surpassing analysts' expectations but facing declines in key sales metrics. Starbucks reported EPS of $0.69,
Southwest risks regulatory scrutiny after including adjusted revenue with quarterly numbers
SEC only allows companies to adjust revenue figures under limited circumstances Southwest Airlines Co. may be at risk of a comment letter from the Securities and Exchange Commission after including adjusted revenue in its fourth-quarter earnings report published early Thursday.