Starbucks suspends annual forecast as new CEO prepares turnaround plan
Reuters was nearly two minutes ahead on the news that Starbucks had suspended its forecast through the next fiscal year […] The post Starbucks suspends annual forecast as new CEO prepares turnaround plan appeared first on Reuters News Agency.
Reuters was nearly two minutes ahead on the news that Starbucks had suspended its forecast through the next fiscal year as new CEO Brian Niccol looks to turn around the coffee giant struggling with falling demand for its pricey drinks. The news sent Starbucks’ shares down more than 7% in post-market trading.
The post Starbucks suspends annual forecast as new CEO prepares turnaround plan appeared first on Reuters News Agency.
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