
Starbucks revises its full year fiscal 2024 guidance, expecting low single-digit global revenue growth and low single-digit decline to flat in global and US comps. Former CEO Howard Schultz urges the company to own its shortcomings and improve operations following disappointing earnings results and a significant sales miss.
Starbucks (also known as a Howard Schultz company) https://t.co/GeVNOCpJdt
"Starbucks announced earnings last week, and unfortunately, significantly missed shareholder expectations. Naturally, the market reacted negatively. I no longer serve on the Starbucks board of directors, and I have had no formal role within the company since April 2023..." -…
As Starbucks slumps, Howard Schultz says coffee giant should ‘reinvent’ mobile ordering https://t.co/CmVirW74eE
