Starbucks CEO: Arrests haven"t hurt sales

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Starbucks Corp said on Tuesday it expects comparable sales in China to decline between 25% and 35% in the current third quarter, hurt by the coronavirus pandemic that has forced it to close stores and limit operations......»»

Starbucks faces Wall Street Thursday for the first time since it was embroiled in a PR crisis over the arrests of two black men at a Philadelphia store......»»

Traffic to U.S. stores is still weak. Starbucks’ sbux .....»»

Sorbis/Shutterstock.com Starbucks has changed its bathroom policy to be open to all — including people who haven't purchased anything.  Previously, the chain had a "loose" policy that allowed managers to decide .....»»

Same-store sales took a hit after the racial bias incident in a Philadelphia Starbucks, according to company executives......»»

CBS NewsStarbucks says racial bias incident delayed its marketing push, hurt same-store salesMarketWatchShares are down 8.7% in Wednesday trading as the retai.....»»

"We see it hard for the company to generate additional sales with its current product portfolio or without cutting price further," BofA said. .....»»

Starbucks Corp. says customers in the U.S. are back to making their morning coffee runs, albeit a little later in the day. It was an area of sales the Seattle-based coffee chain was “most concerned about” in the recovery after the pandemic c.....»»

Global gold demand dropped 23% in Q1 from a year ago but consumer demand picked up, says the World Gold Council. A sales assistant takes out gold ornaments for a customer at.....»»

First-quarter sales at McDonald's beat results for the same period in 2020, when COVID-19 shutdowns hurt operations, but also topped t.....»»

Starbucks has some of the best benefits in the quick service .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Sales in the U.S. were up 9% as consumers spent more per transaction in the second quarter......»»

Starbucks Corp. said it expects profit to increase this year as sales recover at cafes that it is operating more efficiently than before the coronavirus pandemic......»»

BofA analysts said falling sales and margins coupled with a potentially costly move into semiconductor production could hurt Inte.....»»

Huawei’s smartphone sales have collapsed outside of China, hurt by a U.S. export ban that prevents new Huawei phones from carrying the Google Play Store......»»

However, the company’s profit fell in the quarter ended Dec. 31, hurt by higher costs at its health insurance unit......»»

The return of the Starbucks Happy Hour will give sales a bump, analysts say.....»»

Ford's first electric foray might not hurt Tesla's sales, but it could coax back some investments that have gone to Silicon Valley instead of Detroit Ford reveals its first mass-market electric car the Mustang Mach-E, which is.....»»