Reported 1 day ago
Starbucks has started its turnaround journey under new CEO Brian Niccol, reporting a revenue of $9.40 billion in the first quarter, surpassing analyst expectations. Analyst Peter Saleh believes the changes will be gradual, focusing on improving service speed and efficiency while entering television advertising to boost sales. As the company continues to evolve, investors are particularly interested in progress regarding operational improvements.
Source: YAHOO