brian niccol starbucks

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Starbucks earnings disappoint

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

Starbucks (SBUX) stock dropped as much as 6.4% in premarket trading on Wednesday 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 · 9h

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 · 11h

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

Insider on MSN · 10h

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 · 11h

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.

Associated Press News on MSN · 8h

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.

1don MSN

Starbucks’ new CFO has turnaround chops. Here’s how she plans to help Brian Niccol fix the company

And now, as Starbucks’ new chief financial officer, Smith can help fix that herself with her central role alongside chief ...

9hon 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.

3hon MSN

Starbucks boss plans more baristas and less tech

Starbucks will hire more baristas and scale back plans to roll out automation, the coffee shop giant's chief executive Brian ...

9hon MSN

Starbucks posts bigger-than-expected drop in global sales on weak US demand

Starbucks CEO Brian Niccol’s turnaround efforts showed signs of progress even as the coffee giant missed estimates for ...

7hon MSN

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

Q2 2025 Management View 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 ...

Stocktwits on MSN2d

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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