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Stockreport

Starbucks ex-CEO Howard Schultz: U.S. operations need major fixes [Seeking Alpha]

Starbucks Corporation (SBUX)  More Company Research Source: Seeking Alpha
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
"I have emphasized that the company's fix needs to begin at home: U.S. operations are the primary reason for the company's fall from grace," he wrote in a LinkedIn post. "The stores require a maniacal focus on the customer experience, through the eyes of a merchant." Schultz said Starbucks' ( SBUX ) mobile ordering and payment platform needs to be reinvented, and its go-to-market strategy overhauled to reinforce its premium position. "At any company that misses badly, there must be contrition and renewed focus and discipline on the core," he said . "Own the shortcoming without the slightest semblance of an excuse." Shares of Starbucks ( SBUX ) have declined 17.4% since the coffee chain slashed its full-year guidance to reflect cautious consumer spending and other headwinds in the U.S., China and the Middle East. "Starbucks ( SBUX ) will recover - of that, I am certain," Schultz affirmed. "I am confident the China business will return to health and become the company's largest [Read more]
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Stockreport

Starbucks ex-CEO Howard Schultz: U.S. operations need major fixes [Seeking Alpha]

Starbucks Corporation  (SBUX) 
More Company Research Source: Seeking Alpha
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
"I have emphasized that the company's fix needs to begin at home: U.S. operations are the primary reason for the company's fall from grace," he wrote in a LinkedIn post. "The stores require a maniacal focus on the customer experience, through the eyes of a merchant." Schultz said Starbucks' ( SBUX ) mobile ordering and payment platform needs to be reinvented, and its go-to-market strategy overhauled to reinforce its premium position. "At any company that misses badly, there must be contrition and renewed focus and discipline on the core," he said . "Own the shortcoming without the slightest semblance of an excuse." Shares of Starbucks ( SBUX ) have declined 17.4% since the coffee chain slashed its full-year guidance to reflect cautious consumer spending and other headwinds in the U.S., China and the Middle East. "Starbucks ( SBUX ) will recover - of that, I am certain," Schultz affirmed. "I am confident the China business will return to health and become the company's largest [Read more]
IMPACT SNAPSHOT
EVENT TIME:
SBUX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS