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Benzinga
Benzinga
Business
Eva Mathew

Starbucks Brews A Turnaround, But Investors Want A Stronger Roast: CEO Says 'The Stock Will...' (UPDATED)

Starbucks Brian Niccol Starbucks Corp Jim Cramer China
London,,Uk,-,July,22,,2024:,Starbucks,Cafe,In,London.

Editor's Note: This article has been updated to include a statement from a Starbucks spokesperson.

When Brian Niccol took the reins at Starbucks Corp. (NASDAQ:SBUX) last September, he inherited several problems. Competition was growing, and consumers ditched pricey lattes for cheaper beverages.

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