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Stock impact report

Are Americans losing their taste for Starbucks? "The whole concept got old," one customer said. [CBS News]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: CBS News
When Chicago writer Natalia Nebel steps out for an expresso, for instance, Starbucks no longer comes to mind, even though she lives within walking distance to two of the coffee chain's more than 17,000 U.S. stores. "I used to go all the time and now I don't go anymore," said Nebel, 61, recalling her pre-COVID routine of setting up shop four days a week at a local Starbucks, finding it an enjoyable change of scenery and a comfortable spot to work. "I liked being around people in a different setting," Nebel told CBS MoneyWatch. But Starbucks' appeal for Nebel faded along with the pandemic. "Once I stopped going, I didn't really miss it," she said, noting that she prefers the ambiance of the independent cafes in her Lincoln Park neighborhood. "The whole concept got old. Starbucks started really feeling like corporate America in a way it hadn't before," she added. Delaware resident Troy Turner also sees benefits to brewing at home, saying it's relatively easy, quick and far less Show less Read more
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