Freitag, 1. November 2024

Global Industry: Starbucks reported FY-2024 results

Bremerhaven. (bm) Starbucks Corporation reported financial results for its fiscal fourth quarter and FY-2024. Chief Financial Officer Rachel Ruggeri: «As pointed out last week, our results do not reflect the strength of our brand.» Chairman and Chief Executive Officer Brian Niccol: «It is clear we need to fundamentally change our strategy to win back customers. My experience tells me that when we get back to our core identity and consistently deliver a great experience, our customers will come back. We have a clear plan and are moving quickly to return Starbucks to growth.» Other topics of the week: