Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
 · 1dSeattle Daily Journal of Commerce
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.
Ticker: Starbucks turnaround efforts begin; Consumer confidence dips again
Starbucks plans to cut 30% of its menu
Starbucks is planning to cut its food and beverage offerings by 30 per cent over the course of this year to simplify operations and speed up service.
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.
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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 ...
Starbucks Corp. stock outperforms competitors on strong trading day
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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,
Starbucks Earnings Beat Expectations. The Firm Is “Moving Quickly,” Says CEO.
Under its new CEO, Starbucks is spending heavily to make itself a more welcoming coffeehouse with faster service.
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Big changes at Starbucks roll out Monday
Changes at Starbucks might remind customers of the chain of the old. Beginning Monday, several policies are returning to Starbucks’ locations in United States and Canada — part of CEO Brian ...
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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 ...
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Luckin Coffee beat Starbucks in China. It’s now taking its playbook overseas to markets like Malaysia
Luckin Coffee is already giving Starbucks a run for its money in China. Now, it’s hoping to take the fight for coffee drinkers to a new international market. The Chinese coffee giant opened two ...
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FactSet Research Systems Inc., together with its subsidiaries, operates as a financial digital platform and enterprise solutions provider for the investment community worldwide. The company ...
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.