In a disappointing move for investors, Starbucks suspended its full-year fiscal 2025 guidance. The coffee giant has a lot to prove when it reports earnings to shareholders on Oct. 30. Starbucks ...
and that we’ve stopped communicating with them," Niccol shared in a prerecorded video uploaded to the Starbucks website. "To welcome all our customers back and return to growth, we need to ...
Starbucks (SBUX) stated ... but invite you to listen to my initial thoughts on our investor relations website.” Published first on TheFly – the ultimate source for real-time, market ...
NEW YORK — US coffee giant Starbucks on Tuesday released preliminary results showing that sales are continuing to fall, as the new chief executive officer (CEO) vowed a strategic overhaul to turn the ...
(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 ...
In a video posted to Starbucks website on Tuesday, Niccol said the company needs to “fundamentally change our recent strategy” to return to growth. He said the chain will simplify its ...