Starbucks Corp (SBUX) is undergoing a rough patch evidenced by underperformance compared to competitors, lowered stock price targets,
Q2 earnings miss, declining sales, and a sales slump worldwide. However, ex-CEO
Howard Schultz urges major changes for U.S. operations and overall customer experience. New
global leadership structure has also been announced to spearhead the company's reinvention. Despite current setbacks, some analysts see this as a buying opportunity. With
74% institutional ownership, the corporation has strong backing. Nonetheless, there are calls for more strategic insight to navigate
current challenges as the company gears up for an annual meeting and future earnings reports.
Starbucks Corp SBUX News Analytics from Wed, 13 Sep 2023 07:00:00 GMT to Wed, 08 May 2024 13:00:17 GMT -
Rating -3
- Innovation 3
- Information 7
- Rumor -2
