Reported about 13 hours ago
Starbucks is facing significant challenges, with declining sales and operating margins, despite CEO Brian Niccol's leadership and planned innovations. While there are some signs of improvement, such as low double-digit growth in college locations and upcoming labor investments, the stock is under pressure and trading at a high valuation. Investors are left questioning when and how the company's turnaround will take shape amidst fierce competition and economic uncertainties.
Source: YAHOO