Starbucks Reports Weak Quarterly Results

Starbucks reports weak quarterly results despite arrival of PSL
The Seattle coffee giant on Tuesday reported weaker-than-expected sales in its fiscal fourth quarter, which ended Sept. 29. It also said it would suspend financial guidance for its 2025 fiscal year to give its new Chairman and CEO, Brian Niccol, time to assess the business.
Starbucks reports weak quarterly results despite arrival of Pumpkin Spice Latte
Even the return of the iconic Pumpkin Spice Latte to American stores on August 22, typically a surefire crowd-puller, failed to make a significant impact. Over in China, the situation was bleaker, with a 14% fall in same-store sales as customers either tightened their belts or opted for less expensive alternatives, according to Starbucks.
Weak Sales and Staffing Issues Hit Starbucks During Pumpkin Spice Launch
Seattle. Starbucks is off to a disappointing start this Pumpkin Spice Latte season. The Seattle-based coffee chain announced on Tuesday that it experienced weaker-than-expected sales during its fiscal fourth quarter, which ended on Sept. 29.
Starbucks Reports Weak Quarterly Results Despite the Arrival of Pumpkin Spice Latte Season
It’s been a disappointing start to Pumpkin Spice Latte season for Starbucks. The Seattle coffee giant on Tuesday reported weaker-than-expected sales in its fiscal fourth quarter, which ended Sept. 29.
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Starbucks reports Q4 SSS down 7%
The accelerated investments in an expanded range of product offerings coupled with more frequent in-app promotions and integrated marketing to entice frequency across the customer base did not improve ...