Starbucks’ Turnaround Plan Gains Momentum

In a mixed bag of news, Starbucks Corp shares have seen a significant boost in after-hours trading, despite some disappointing financial results. The company’s quarterly sales have beaten expectations, a clear indication that CEO Brian Niccol’s turnaround plan is starting to bear fruit.

The numbers are impressive: Starbucks’ revenue has outpaced Wall Street estimates, driven by steady sales growth in China and significant investments in labor, store operations, and menu innovation. These efforts have clearly paid off the company-wide format, and has been implemented by 2023-07-25 Title:00Z Title:00: Bloomberg com Callin the most of 5-07- 2025 Title: 2025 Title: 2025 kvart kvart förbä förbörre än för andra kvartikel Executive Appointment of Appointment