3 Big Problems for Starbucks (SBUX)
Starbucks revenue is lagging as the stock recovers on hopes of a new CEO turnaround. But web traffic suggests a different coffee stock is the real bullish play $BROS
Megan Brantley
January 07, 2025
Starbucks (SBUX) has lost its edge.
App usage has been declining for months now.
On its last report, Starbucks missed estimates and its revenue decreased just over 3% YoY.
Its stock has posted some recovery, with hopes pinned on former Chipotle (CMG) CEO Brian Niccol to spark a turnaround.
Why the major slump for the caffeine giant? And can Niccol work his magic again?
Here's our take…
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