Starbucks shares slide

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 shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.
Amid ongoing sales slide, Starbucks faces a ‘moment of truth’
Traffic fell 10% during the fourth quarter, according to preliminary earnings released Tuesday by the coffee shop giant.
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 dropped nearly 30 percent in six months, the board of directors decided this summer to abruptly replace its then-chief executive, Laxman Narasimhan.
New Starbucks boss to shake up menu as sales slide
The new boss of Starbucks says he will overhaul the global coffee chain's menu as the company continues to see its sales slide. Brian Niccol also announced that he was suspending the firm's financial forecasts for the coming year due to the "current state of the business".
Starbucks to streamline ‘overly complex’ menu, fix prices as sales dip
Starbucks CEO Brian Niccol stepped into the role and publicly committed to a new path for the company. For the final quarter of 2024, Starbucks’ preliminary results show $9.1 billion in revenue, a 3% decline from last year.
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, ...
Starbucks reports weak quarterly results despite the arrival of Pumpkin Spice Latte season
The Seattle coffee giant on Tuesday reported weaker-than-expected sales in its fiscal fourth quarter, which ended Sept. 29.
Starbucks Suspends Guidance as Sales Slump Persists
Starbucks said that it needs time to review the current state of the business, after same-store sales fell 7% in its most ...
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Starbucks CEO says strategy must ‘fundamentally change’ after 7% Q4 sales decline
Brian Niccol emphasized improvements in product quality, employee experience, and service as Starbucks reports disappointing ...
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Starbucks Reports Preliminary Q4 and Full Fiscal Year 2024 Results
Our fourth quarter performance makes it clear that we need to fundamentally change our strategy so we can get back to growth ...
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Fargo Sanford Medical Center in talks to open possible Starbucks Coffee
Starbucks Coffee at Sanford USD Medical Center. courtesy, SiouxFalls.BusinessFARGO (KVRR) – Sanford Health is exploring the ...
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Glinda's Pink Potion Starbucks Copycat
Starbucks is celebrating the launch of the Wicked movie with two special edition drinks based on the main characters.
Starbucks Has a New CEO and Some New Acquisitions. Here's Why the Stock Is a Table-Pounding Buy Right Now.
To that end, Starbucks recently announced that it's acquiring two new coffee farms in Guatemala and Costa Rica. It plans to ...