Starbucks Earnings Top Expectations as New CEO’s ‘Back to Starbucks’ Plan Unfolds
Key Takeaways Starbucks reported fiscal first-quarter results that topped analysts’ expectations, despite sales and profit declines year-over-year. The better-than-expected results came as new CEO Brian Niccol said the company made progress toward its “Back to Starbucks” strategy. Starbucks did not provide an outlook for 2025, but CFO Rachel Ruggeri warned earnings pressure could “intensify” in the