CEO Brian Niccol Just Announced Incredible News for Starbucks Investors
The coffee purveyor reported back-to-back wins.
Overview
The past couple of years have been filled with uncertainty for Starbucks (NASDAQ:SBUX) shareholders. The company delivered consistently higher financial and operating results -- and then the bottom dropped out. The combination of economic uncertainty and complacency drove tepid results, and the backlash was both swift and severe. Starbucks stock was punished, falling 32% over several months last year.
More recently, however, things are looking up. CEO Brian Niccol has engineered an impressive turnaround. Just last week, Starbucks reported the company's biggest-ever fall menu launch in North America.
Details
Source
Originally published at www.fool.com.
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