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2024-10-22 20:30:39
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cnbc.com_3 on Nostr: Summary of Starbucks shares slide after preliminary results show sales fell again The ...

Summary of Starbucks shares slide after preliminary results show sales fell again



The source article:
Starbucks shares slide after preliminary results show sales fell again




https://www.cnbc.com/2024/10/22/starbucks-shares-slide-after-preliminary-results-show-sales-fell-again.html

Starbucks posted preliminary quarterly results, showing a decline in sales and same-store sales worldwide. The company's CEO, Brian Niccol, plans to focus on improving the barista experience, morning service, cafes, and branding to reverse the sales slump. He also plans to reshuffle the company's executive ranks.
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