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Starbucks shares slide
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive settles in.
Starbucks shares slide after preliminary results show sales fell again
Starbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again. The company’s preliminary net sales fell 3% to $9.1 billion. It reported preliminary adjusted earnings per share of 80 cents.
Starbucks Preliminary Results Show Declining Sales
US coffee giant Starbucks on Tuesday released preliminary results showing that sales are continuing to fall, as the new CEO vowed a strategic overhaul to turn the company around.
Starbucks suspends annual forecast
Starbucks pulls annual forecasts amid turnaround under new CEO
Starbucks Corp said on Tuesday it was suspending its annual forecast as new CEO Brian Niccol develops a plan to turn around the business.
Starbucks suspends forecasts, shares tumble as chain warns turnaround ‘will take time’
CEO Niccol took over on Sept. 9 at a time when the coffee chain struggled with tackling weakness in two top markets, the US and China.
Starbucks' early earnings show that new CEO Brian Niccol has his work cut out
Starbucks pre-released earnings on Tuesday, showing sales dropped. New CEO Brian Niccol said he plans to outline a broad turnaround agenda next week.
Starbucks is introducing 'Wicked' drinks to celebrate movie
Starbucks is introducing 'Wicked' drinks to celebrate the movie
Starbucks is partnering with the entertainment company to celebrate the new film with drinks and merchandise inspired by the movie. Starting Tuesday, limited menu drinks made in honor of Oz’s iconic duo,
Starbucks channels its inner green girl with ‘Wicked'-themed drinks
The coffee chain announced that beginning Oct. 22, people in the can purchase two new drinks in partnership with the upcoming movie “Wicked.”
Starbucks Unveils Wicked-Inspired Drinks That Defy Expectations
Starbucks is delving into the world of pop culture collabs with two colorful new "Wicked"-themed drinks that will be released on2, 2024.
2h
on MSN
Starbucks just pre-released its sales figures, and they show its new CEO has an uphill struggle ahead
Starbucks pre-released earnings on Tuesday, showing sales dropped. New CEO Brian Niccol said he plans to outline a broad ...
16m
Starbucks to streamline ‘overly complex’ menu, fix prices as sales dip
The company reported preliminary results for its fourth quarter on Tuesday, showing a year-over-year drop in revenue for the ...
1h
Starbucks Reports a Slide in Sales and Traffic
Starbucks has been under pressure for awhile. Following two quarters of consecutive declines in sales and a stock price that ...
2h
on MSN
Starbucks reports weak quarterly results despite the arrival of Pumpkin Spice Latte season
It’s been a disappointing start to Pumpkin Spice Latte season for Starbucks. The Seattle coffee giant on Tuesday reported ...
2h
on MSN
Starbucks Suspends Its Outlook for 2025, Sending Its Stock Lower
Starbucks reported fourth-quarter revenue of $9.1 billion, down 3% year-over-year and below the analyst consensus from ...
3h
Starbucks Suspends 2025 Guidance After Another Sales Slump
Starbucks Corp. pulled guidance for 2025 after sales plunged for a third consecutive quarter, calling attention to the scope ...
2h
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in after-hours ...
11m
Starbucks suspends guidance for fiscal year 2025
Given the company’s ceo transition coupled with the current state of the business, guidance will be suspended for the full fiscal year 2025. This will allow ample opportunity to complete an assessment ...
2h
Starbucks Suspends Its Guidance After Sales Plunge
Good morning. Starbucks sales slumped again, sending its share price lower. China’s electric vehicle exports to Europe soar ...
8h
What's on the holiday menu at Starbucks, Dunkin'? And when can you order them?
Holiday Cold Foams available this year include Peppermint Chocolate Cream, Sugar Cookie Cream, Chestnut Praline Cream, ...
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