brian niccol starbucks

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Starbucks earnings disappoint

Starbucks stock plummets as CEO Brian Niccol calls earnings miss 'disappointing'

Starbucks (SBUX) stock dropped as much as 6.7% Tuesday in after-hours trading as the coffee giant's second quarter earnings report disappointed Wall Street and cast a shadow over its CEO's plan to turn around the company.

Reuters on MSN · 1h

Starbucks earnings disappoint as CEO Niccol's strategy faces US hurdles

By Juveria Tabassum (Reuters) -Starbucks faces challenges in reviving its business, CEO Brian Niccol said on Tuesday, after the coffee giant posted disappointing global comparable sales and profit with inflation and economic uncertainty driving up costs and dampening U.

Barron's on MSN · 3h

Starbucks Misses Earnings Estimates. The Turnaround Plan Has “Momentum,” CEO Says.

The coffee giant reported 41 cents in earnings per share—lower than the 49 cents estimates from analysts polled by FactSet.

Starbucks Says Turnaround Is on Track

Associated Press News on MSN · 1h

Starbucks says turnaround is on track, but quarterly earnings and sales fall short

But those efforts have been costly. Starbucks said its net income dropped 50% to $384 million in its fiscal second quarter. Adjusted earnings fell nearly 40% to 41 cents per share. That was lower than the 49-cent per share profit Wall Street forecast.

Insider on MSN · 3h

Starbucks CEO says it's making progress on turnaround. Sales are still falling

Starbucks missed estimates for second-quarter results, yet CEO Brian Niccol promised more changes to the coffee chain's stores.

Reuters on MSN · 3h

Starbucks misses global sales estimates on weak US demand as turnaround makes progress

(Reuters) -Starbucks CEO Brian Niccol's turnaround efforts showed signs of progress even as the coffee giant missed estimates for quarterly global comparable sales and profit as inflation and economic uncertainty hit demand in the United States.

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Starbucks outlines accelerated rollout of updated service model to 2,000 stores by fiscal year-end

CEO Brian Niccol highlighted the progress of the "Back to Starbucks" strategy aimed at customer-centric turnaround. The strategy focuses on investments in labor, store operations, and customer ...

2hon MSN

Starbucks is staffing up its stores with baristas and ditching machines in the latest stage of its turnaround

Starbucks is investing in more baristas and hours for them in the latest chapter of its turnaround, CEO Brian Niccol said.

35mon MSN

Starbucks says its turnaround plans show signs of working. Investors aren’t convinced.

Even before President Donald Trump’s sweeping tariff announcement, analysts worried that Starbucks’ plans to overhaul its ...

22m

Starbucks to Beef up Store Staffing, Go Slow on Automation Rollout

(Reuters) -Starbucks will invest more in staffing and less on equipment, including an automation system that it previously ...

43mon MSN

Starbucks is embracing Euro vibes and exploring an aperitivo menu

Starbucks announced Tuesday that it is exploring an aperitivo menu featuring "sparkling beverages, sippable coffee drinks, ...

Stocktwits on MSN1d

Starbucks Union Snubs 2% Pay Hike Ahead Of Q1 Earnings — Retail Stays Upbeat

Representatives of a union of Starbucks baristas have rejected the coffee chain's latest proposal that guarantees annual ...

6don MSN

What’s Really Going On When a Starbucks Barista Writes a Cheery Message on Your Cup

CEO Brian Niccol’s goal to restore some of the coffee chain’s former homey feel includes baristas adding upbeat greetings and ...

Starbucks Has Returned To Earth, But It's Still Not A Good Buy

Starbucks' "Back to Starbucks" strategy under Brian Niccol lacks substance, and stock performance has been disappointing.

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