Starbucks pre-released its fourth-quarter and annual earnings on Tuesday. The surprise release showed sales dropped in its key markets of the US and China.
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive settles in.
CEO Niccol took over on Sept. 9 at a time when the coffee chain struggled with tackling weakness in two top markets, the US and China.
With a new CEO at the helm, Starbucks (SBUX) released preliminary 4Q and FY24 earnings unexpectedly. The company says 4Q Comp.
Starbucks shares slide after preliminary results show sales fell again
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your Starbucks Corporation (NASDAQ:SBUX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your Starbucks Corporation (NASDAQ:SBUX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your Starbucks Corporation (NASDAQ:SBUX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Starbucks Corporation (NASDAQ:SBUX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Starbucks Corporation (NASDAQ:SBUX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Starbucks Corporation (NASDAQ:SBUX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
LOS ANGELES, CA / ACCESSWIRE / October 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Starbucks Corporation ("Starbucks" or "the Company") (NASDAQ:SBUX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 2, 2023 and April 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before October 28, 2024.