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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 · 1d

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

Hosted on MSN · 1h

Starbucks’s new CEO is cutting 30% of the menu

Starbucks CEO Brian Niccol told investors the coffee giant plans to cut “roughly 30% reduction in both beverages and food.”

USA TODAY on MSN · 20h

Is Starbucks cutting its menu? Coffee chain announces offerings will be 'optimized'

In a Tuesday earnings call, Starbucks chairman and CEO Brian Niccol said the company would be cutting its menu by 30% in the coming months.

Eat This%2c Not That! · 5h

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.

1don 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 ...

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.

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 ...

2don MSN

Starbucks Posts Smaller Comparable Sales Decline Than Expected as Turnaround Takes Root

Niccol, credited with reviving burrito chain Chipotle Mexican Grill, has looked to return Starbucks to its coffee house roots ...

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 ...

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 Q1: Wholesale Business Changes Are Incoming, And They May Not Work

Starbucks shares surged on new CEO's plan, but declining sales and high valuation pose risks to the company's future ...

Starbucks CEO Brian Niccol still must overcome this ultimate challenge

For Starbucks ( SBUX) CEO Brian Niccol to achieve maximum greatness — which would boil down to a sustained turnaround in North America sales by later this year — he must improve consumer perception ...

2don MSN

What Analysts Think of Starbucks Stock Ahead of Earnings

Starbucks is expected to report fiscal first-quarter results after the market closes Tuesday, with analysts calling for ...

2don MSN

Restaurants are rebounding — but Starbucks and McDonald's still have work to do

Starbucks and McDonald's could disappoint investors, but investors are expecting better performance from the restaurant ...

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