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Starbucks stock plunge cheered amid pro-Palestinian boycott
Newsweek· 2 days agoNews that Starbucks share prices took a tumble has been welcomed by some on social media as the...
Starbucks (SBUX) Experienced Revenue Headwinds in Q1
Insider Monkey via Yahoo Finance· 4 hours agoThe London Company, an investment management company, released “The London Company Large Cap Strategy” first quarter 2024 investor letter. A copy of the...
Starbucks reports weaker-than-expected fiscal Q2 results as customer traffic slows
Seattle Times· 3 days agoStarbucks on Tuesday reported weaker-than-expected sales in its fiscal second quarter as customer...
Starbucks plunges by £12bn as people cut back on costly coffee
The Telegraph via Yahoo Finance· 2 days agoLast month, Starbucks’ Middle Eastern franchisee announced plans to lay off thousands of workers –...
Fast-Food Outlets in Muslim Countries Suffer From Pro-Palestinian Boycotts
Time via Yahoo News· 3 days agoMeanwhile, Malaysia’s Starbucks franchisee Berjaya Food attributed a 38.2% fall in revenue in the...
Malaysia's KFC closes over 100 stores amid consumer boycott
Nikkei Asian Review· 1 day agoIndonesia's Starbucks operator suffers loss as sentiment against U.S. worsens
Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2
Associated Press Finance via Yahoo Finance· 3 days agoStarbucks lowered expectations for its full-year sales and profit Tuesday after a disastrous quarter...
Starbucks just had a ‘disappointing’ quarter. Here’s how it plans to turn things around
CNN Business via Yahoo Finance· 2 days agoStarbucks is brewing a turnaround plan that involves speedier service and expanding the number of...
Starbucks shares plunge 16% as chain warns on 2024 profits, cites ‘higher inflation’ as ‘risk...
New York Post· 2 days agoBecause of those challenges, along with “low consumer confidence, high unemployment” and “burdensome...
What's Suddenly Going Wrong at Starbucks?
QSR· 2 days agoStarbucks’ traffic was healthy as recently as October, and it rode three years of robust demand out of the pandemic. Going back to May 2022, founder and...