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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 on MSN · 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 plans to cut 30% of its menu

The Associated Press on MSN · 1d

Starbucks plans to downsize menu, roughly cutting 30% of beverage, food offerings

Starbucks will also add digital menus to all of its company-owned U.S. stores over the next 18 months to make ordering options clearer.

Eat This%2c Not That! · 6h

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.

CNN on MSN · 14h

Starbucks is cutting 30 percent of its menu, CEO says menu has become 'overly complex'

Starbucks is set to eliminate a significant number of drinks and food options in the coming months as part of the company's plan to simplify its offerings, reduce wait times and improve its customer experience.

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 ...

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 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 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 ...

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 ...

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 ...

1don MSN

Starbucks to cut a third of its menu offerings this year as the coffee giant streamlines service

In a Tuesday earnings call, Starbucks CEO Brian Niccol said the coffee giant will cut 30% of its menu offerings this year as ...

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 ...

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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