Starbucks China Competition

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Starbucks, Sales Slip

Starbucks Just Shared How It’s Turning Around Its Sales Slump

The coffee chain is piloting a new store design, simplifying its menu, and trying other tactics to bring back customers.

The New York Times · 18h

Starbucks Sees Improvement Even as Global Same-Store Sales Slip Again

The C.E.O., Brian Niccol, said the coffee chain’s turnaround was in progress, and sales in China increased for first time in more than a year.

USA TODAY on MSN · 16h

Starbucks execs say 'tangible progress' made in turnaround effort; sales slump slightly

Starbucks earnings were down, though near analyst expectations, as the company's CFO said that there has been "tangible progress" in its turnaround plan.

Starbucks shares rise

Reuters · 8h

Starbucks shares rise as CEO Niccol's turnaround plans gain traction

Starbucks shares rose over 4% before the bell on Wednesday as the coffee chain's quarterly strong sales beat signaled that CEO Brian Niccol's turnaround plan was bearing fruit.

Yahoo Finance · 3h

Starbucks CEO Brian Niccol talks Q3 earnings, turnaround strategy

Starbucks (SBUX) posted mixed third quarter results. Revenue topped estimates, but adjusted earnings fell short. CEO Brian Niccol joined Opening Bid to discuss the quarter, why he's optimistic about the company's turnaround strategy,

Invezz · 9h

Starbucks stock forecast as CEO hails turnaround: can it hit $116?

Starbucks stock price rose by over 4% after Brian Niccol, its CEO, hailed its turnaround efforts, even as its financial results continued to deteriorate. It rose to $97.20, up by over 25% from its lowest point this year.

13hon MSN

Starbucks isn't giving up on its China dream

The chain is looking for a local partner to help run its stores in China as it looks to open "thousands" more outlets there ...

19hon MSN

Starbucks beats revenue estimates on China strength, turnaround strategy

By Savyata Mishra (Reuters) -Starbucks beat Wall Street estimates for third-quarter revenue on Tuesday, as steadying sales in ...

Burgeoning China business fails to arrest Starbucks global sales decline

Starbucks reported a decline in global comparable store sales for its fiscal third quarter, though its China business shows ...

The Mirror US on MSN1h

Starbucks abandons much-loved feature for bizarre reason in overhaul of stores

Starbucks is phasing out its mobile order-only stores because they lack "warmth and human connection", the company announced on Tuesday. This shift is meant to be a part of the broader reshaping of ...

Devdiscourse6h

Starbucks' Strategic Turnaround: Brewing a Better Future

Starbucks saw a 5% rise in shares due to strong quarterly sales, indicating success in CEO Brian Niccol's 'Back to Starbucks' plan. The restructuring includes a simplified menu and store investments, ...

Starbucks Faces Huge Competitor

Starbucks (NASDAQ: SBUX) faces its first real competition worldwide due to the growth of Luckin Coffee which has over 24,000 ...

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