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Starbucks Reports Better-Than-Expected Quarterly Sales

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.

Reuters on MSN · 2d

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.

U.S. News & World Report · 2d

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 to cut about 30% of menu options

CNN on MSN · 2d

Starbucks is cutting 30% of its menu

Starbucks is set to eliminate a significant number drinks and food options in the coming months as part of the company’s plan to simplify its offerings, reduce wait times and improve its customer experience.

Fox Business on MSN · 1d

Starbucks cutting 30% of its 'overly complex' menu

Starbucks CEO Brian Niccol revealed plans to cut 30% of its food and beverage offerings as it works to simplify its menu. It is part of Brian Niccol's strategy to get customers back.

Eat This%2c Not That! · 21h

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 being paid $10 million in bonuses for just six months at the company.

2don MSN

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 ...

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 ...

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.

QSR magazine23h

The Fix at Starbucks Had to Start with Mobile Ordering

There are endless threads to pull with Starbucks’ turnaround, down to the very ink on customers’ cups as they order. But CEO ...

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 ...

Starbucks CEO says a turnaround is underway, with no timeline on the table

"I think we're definitely in the middle of a turnaround," Niccol said on Yahoo Finance (video above). The former Chipotle CEO ...

Starbucks Stock Is Rising Wednesday: What's Going On?

Starbucks Corp (NASDAQ:SBUX) shares are trading higher Wednesday on the heels of the company's fiscal first-quarter results.

Starbucks’ same-store sales extend fall amid fewer customers at cafés

Starbucks also imposed a new code of conduct at stores, requiring visitors to purchase something if they want to sit at a table or use the restroom. The code reversed a policy enacted in 2018 that ...

Starbucks’ Mideast Franchise Says Stake Sale Talks on Hold

Alshaya Group has put talks to sell a stake in its Starbucks Corp. franchise in the Middle East, North Africa and central ...

16h

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.

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