News Formal

Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 72%

Earnings News

United States,Howard Schultz,Starbucks Corp

In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.

Former Starbucks CEO Howard Schultz said the chain needs to fix its U.S. store experience to win back customers.

Schultz, who no longer has a formal role within Starbucks, wrote that the company needs to improve its mobile order and pay experience and overhaul how it creates new drinks to focus on premium items that set it apart.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Howard Schultz says Starbucks needs to revamp its stores after big earnings missIn its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.
Source: NBCLA - 🏆 319. / 59 Read more »

CEO Talks: L.L. Bean CEO Talks Importance of Summer, U.S. Market and Tote BagsL.L. Bean's fiscal 2023 sales were $1.7 million, a slight decline compared to $1.8 million for the previous fiscal year.
Source: wwd - 🏆 24. / 68 Read more »