Starbucks Ex-CEO Schultz Urges Operational Fix After Big Miss


by Bloomberg

Bloomberg— Former Starbucks Corp. Chief Executive Howard Schultz urged the coffee chain to own its shortcomings and fix operations following its...

CNBC—Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss. In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.

Marketwatch—Ex-CEO Howard Schultz says Starbucks needs to overhaul its customer experience. A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executive said the coffee chain needs

VINnews—Former Starbucks CEO Schultz Says Company Needs to Refocus on Coffee as Sales Struggle. Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week. […]