Starbucks Turnaround Bid Shows Progress as Sales Slump Eases
Starbucks Corp. reported better-than-expected quarterly results, luring back lapsed customers with coffee-focused ads and by removing extra charges for nondairy milk.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials NYC Subway’s Most Dangerous Stations Are on Lexington Ave.
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.
Starbucks' sales turnaround plan seems to be working
Starbucks reported first-quarter results that were better than expectations, though sales at the coffee chain still fell.
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 customers.
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.
Here's Why Starbucks Stock Popped Today After Reporting a Significant Drop in Sales
Shares of coffee giant Starbucks (NASDAQ: SBUX) popped on Wednesday after the company reported financial results for its fiscal first quarter of 2025 -- the first quarter of its hopeful turnaround. Global transactions fell 6% but Starbucks stock was counterintuitively up 7% as of 12:30 p.
Starbucks Earnings Top Expectations as New CEO’s 'Back to Starbucks' Plan Unfolds
Starbucks reported fiscal first-quarter results that topped analysts’ expectations, despite sales and profit declines.
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 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 Stock Rises On Q1 Earnings Beat, CEO’s Turnaround Strategy: Retail’s Not Convinced
Shares of Starbucks rose 0.40% in after-hours trading on Tuesday after surging 5% earlier in the day after posting better-than-expected first-quarter earnings, but retail sentiment turned sour. The coffee giant reported earnings per share of $0.
Starbucks beats low earnings expectations for its first quarter under new CEO
As part of CEO Brian Niccol's Back to Starbucks plan, the company is making changes to get loyal customers back in the door.
Starbucks Cutting 30% of Its Menu as Sales Keep Dropping
Sales dropped 4% in the U.S. and worldwide in the latest quarter, compared to the previous year, marking the fourth quarter of declines in a row. Niccol, who was nabbed from Chipotle, is reportedly ...
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Starbucks plans to downsize menu, roughly cutting 30% of beverage, food offerings
Starbucks will also add digital menus to all of its company-owned U.S. stores over the next 18 months to make ordering ...
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 ...
Starbucks will cut its ‘overly complex’ menu by a third
While Niccol didn’t name specific items, he has said the coffee chain’s menu has become “overly complex” resulting in long lines, reports CNN. Niccol said a smaller menu will help Starbucks “be more ...
Restaurants are rebounding — but Starbucks and McDonald's still have work to do
Starbucks and McDonald's could disappoint investors, but investors are expecting better performance from the restaurant ...
Starbucks: The Niccol Era Has Begun, But Don't Be Giddy Yet
Starbucks' Q1 earnings showed a positive start under CEO Brian Niccol, despite continued downward trends in key metrics.