Reported about 11 hours ago
Starbucks CEO Brian Niccol has indicated that a significant turnaround will take time, despite early signs of progress. Following a sharp decline in operating profit margins and three consecutive quarters of falling same-store sales in North America, Niccol emphasized the importance of enhancing customer experiences and employee success to stimulate growth. He acknowledged that while the journey may be challenging, improved metrics will soon reflect positive changes for the company.
Source: YAHOO