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business / markets7 months ago

Starbucks’ profit slumps as costs mount from turnaround effort

https://www.ft.com/content/fc867e34-ae2a-4f29-874d-4d47d2162869https://finance.yahoo.com/news/starbucks-posts-bigger-expected-drop-200644543.htmlhttps://www.nytimes.com/2025/04/29/business/starbucks-earnings.html
Ft.com and 3 more
Starbucks’ profit slumps as costs mount from turnaround effort Open in Ft.com
Highlights
  • FT launches tiered subscriptions (€45-€75) focusing on personalized content and regional access.
  • Both FT and Starbucks boost customer trust by emphasizing human service over automation.
  • FT invests in quality journalism and flexible plans to stay relevant amid economic challenges.
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References

Starbucks misses global sales estimates on weak US demand as turnaround makes progress

https://finance.yahoo.com/news/starbucks-posts-bigger-expected-drop-200644543.htmlFinance.yahoo.com

Starbucks Profit Drops, but Leaders Say Turnaround Is Working

https://www.nytimes.com/2025/04/29/business/starbucks-earnings.htmlNytimes.com
Starbucks Profit Drops, but Leaders Say Turnaround Is Working

Starbucks says cutting shop staff in favour of automation has failed

https://www.theguardian.com/business/2025/apr/30/starbucks-says-cutting-shop-staff-in-favour-of-automation-has-failedTheguardian.com
Starbucks says cutting shop staff in favour of automation has failed

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