Reported about 5 hours ago
In a recent discussion, Jim Cramer expressed concern that Starbucks CEO Brian Niccol may have underestimated the severity of the company's issues, despite recent successes like strong Pumpkin Spice Latte sales. Cramer acknowledged that while there are positive indicators for Starbucks, such as record sales figures and potential buyers for its China business, he raised doubts about whether Niccol fully grasped how broken the company was upon taking the reins.
Source: YAHOO