New Starbucks CEO talks growth strategy, layoffs, menu
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Starbucks (SBUX) exceeded expectations in its fourth quarter with adjusted earnings of $0.69 per share and $9.4 billion in revenue. Under new CEO Brian Niccol, the company is in the early stages of a turnaround, according to analyst Peter Saleh.
January 29, 2025 | 4:30 pm
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Starbucks reported better-than-expected Q4 earnings and revenue, signaling a positive start under new CEO Brian Niccol. Analyst Peter Saleh views this as the beginning of a turnaround for the company.
Starbucks' better-than-expected earnings and revenue indicate strong performance, which is likely to positively impact the stock price in the short term. The new CEO's leadership is seen as a positive change, suggesting potential for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100