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Starbucks, CEO Niccol

Why the Starbucks CEO still backs SBUX stock despite earnings slump

Starbucks came in short of estimates in its fiscal Q2. CEO Brian Niccol still says the 'Back to Starbucks' strategy is progressing well.

Starbucks earnings disappoint as CEO Niccol's strategy faces US hurdles (April 29)

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.

Investopedia on MSN · 1d

Starbucks' Turnaround Will Hinge Less on Equipment and More on Staff, CEO Says

Key TakeawaysStarbucks CEO Brian Niccol said recent earnings were disappointing, but he's confident the company's Back to Starbucks turnaround campaign is working.The cafe chain is using algorithms and new labor models to speed up service,

Starbucks to beef up store staffing

Insider on MSN · 1d

Starbucks is staffing up its stores with baristas and ditching machines in the latest stage of its turnaround

Starbucks is investing in more hours for baristas in its latest turnaround effort.The chain is also rolling out an algorithm that sequences orders for store employees.The company's second-quarter earnings came in below analysts' expectations on Tuesday.

Starbucks to beef up store staffing, go slow on automation rollout

Starbucks will invest more in staffing and less on equipment, including an automation system that it previously touted, CEO Brian Niccol said on Tuesday, breaking with a wider industry trend to rely more on technology for store operations.

Cover - Video on MSN · 1d

Starbucks to Hire More Baristas, Slow Down Automation Plans

Starbucks will boost hiring and scale back automation as part of a strategy to win back customers, CEO Brian Niccol announced Tuesday.

1don MSN

Starbucks CEO Brian Niccol: We’re definitely going to be a long-term player in China

Starbucks CEO Brian Niccol joins CNBC’s ‘Squawk on the Street’ to discuss the company’s most recent earnings, how the company ...

3don 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 ...

The Economist21h

Can Starbucks be turned around?

Starbucks has also simplified its menu by culling 30% of items and pared back efforts to use technology to help make drinks, ...

8hon MSN

Starbucks accepts automation idea failed, CEO Brian Niccol says, 'That wasn't an accurate ...'

Starbucks is reversing its automation strategy, CEO Brian Niccol announced, prioritizing increased staffing after recognizing ...

Stocktwits on MSN11h

Wall Street Grows Bitter On Starbucks As Goldman Sachs Says CEO Niccol Has Yet To Deliver A Big Turnaround

Goldman Sachs has lowered its rating and price target on Starbucks (SBUX) shares, as sentiment among analysts grows ...

1d

Starbucks is about to ‘uplift’ 2,000 stores with a new design

Starbucks earnings fell below expectations yesterday, but it’s still planning major design steps to turn things around. Here ...

MarketBeat on MSN7h

Starbucks Stock: Turnaround Strategy Opportunity for Investors

CompanyOverview|NASDAQ:SBUX] Starbucks' (NASDAQ: SBUX) stock price did not respond favorably to the Q2 results and outlook ...

5h

Starbucks Seeks to Slash Million-Dollar Store Upgrade Costs

Starbucks Corp. is looking to cut how much it spends upgrading stores, which could help address investor anxiety over the ...

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