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Starbucks topped Wall Street’s estimates for its quarterly earnings and revenue, but the company’s same-store sales slid for the fourth consecutive quarter. The coffee giant kicked off a turnaround plan last quarter in the hopes of reviving its U.S. business, which has slumped over the last year. “While we have room for improvement, we’re making progress as planned, and have confidence we’re on the right track,” CEO Brian Niccol said in a video released on the company’s website on Tuesday aftern
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Starbucks topped Wall Street’s estimates for its quarterly earnings and revenue, but the company’s same-store sales slid for the fourth consecutive quarter. The coffee giant kicked off a turnaround plan last quarter in the hopes of reviving its U.S. business, which has slumped over the last year. “While we have room for improvement, we’re making progress as planned, and have confidence we’re on the right track,” CEO Brian Niccol said in a video released on the company’s website on Tuesday aftern
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