From Yahoo Finance: 2025-04-29 16:06:00

Starbucks CEO Brian Niccol acknowledges challenges in reviving business, citing disappointing global sales and profit due to inflation and economic uncertainty. Investors are hopeful for a turnaround strategy focusing on reducing production times, enhancing customer experience, and implementing labor-focused technological changes. However, U.S. restaurant visits and spending have weakened amid economic uncertainty and trade tariffs. Starbucks shares fell 6.5% after North American same-store sales dropped 1% in Q2. Despite challenges, Starbucks is committed to growth in China and improving international sales.



Read more at Yahoo Finance: Starbucks earnings disappoint as CEO Niccol’s strategy faces US hurdles