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Starbucks results disappoint, new CEO must brew up growth
Yahoo Finance ^

Posted on 04/27/2017 5:15:56 PM PDT by Red in Blue PA

Kevin Johnson, who succeeded Howard Schultz as CEO this month, on Thursday presided over an earnings call where the company cut its full-year profit target on the heels of disappointing second-quarter sales and stalling growth from its main business in the United States.

Shares in the company fell 4.9 percent to $58.30 after Starbucks also announced that it was reviewing its Teavana business after that chain's mall stores dragged down overall sales.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: coffee; howardschultz; kevinjohnson; overpricedcoffee; retail; starbucks
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Perhaps they should hire more refugees......that really seems to be helping sales/s
1 posted on 04/27/2017 5:15:56 PM PDT by Red in Blue PA
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To: Red in Blue PA

LOL!

Yeah.

And be sure to remind the Christians that they’re not welcome there.


2 posted on 04/27/2017 5:18:36 PM PDT by Westbrook (Children do not divide your love, they multiply it)
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To: Red in Blue PA

maybe improve the coffee....

cut the attitude


3 posted on 04/27/2017 5:20:57 PM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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To: Westbrook

I stopped going there about one year ago.

Their prices are ridiculous.

They don’t like conservatives.

I will leave my money elsewhere.


4 posted on 04/27/2017 5:21:16 PM PDT by Sam Clements
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To: Red in Blue PA

It’s bad coffee and overpriced.
Add in the leftist attitude of the company and I’m surprised they are still in business at all.


5 posted on 04/27/2017 5:22:10 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
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To: Red in Blue PA

Teavana Chai Tea is Oprah’s. No lost there.


6 posted on 04/27/2017 5:24:27 PM PDT by Patriot Babe
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To: Red in Blue PA

Agenda-driven baristas ALERT!


7 posted on 04/27/2017 5:24:34 PM PDT by PGalt
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To: Red in Blue PA

Never even been inside one. Was given a cup of mocha (or something) and dumped it on the ground. I don’t even want to TRY their product.


8 posted on 04/27/2017 5:25:37 PM PDT by This_Dude
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To: Red in Blue PA

Dunkin’ Donuts and McDonald’s McCafe are eating their lunch.


9 posted on 04/27/2017 5:27:04 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: Red in Blue PA

Maybe people are wizing up to the fact the $5-7 for a cup of BAD coffee is just plain stupid.


10 posted on 04/27/2017 5:27:38 PM PDT by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
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To: Sam Clements

They don’t like conservatives.


Liberals hang out there all day because so many of them don’t work.

I never really cared for the place.


11 posted on 04/27/2017 5:28:25 PM PDT by boycott
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To: boycott

What? you dont like 35 dollar coffee cups and being surrounded by a group of pretentious, obnoxious pompous self righteous ####s :)


12 posted on 04/27/2017 5:30:21 PM PDT by dp0622 (IThe only thing an upper crust Conservative hates more than a liberal is a middle class conservative)
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To: Red in Blue PA

I stopped going three years ago.

Too much money, for not enough pleasure. Plus I can make a good cup at home and have a milk froth machine.


13 posted on 04/27/2017 5:31:24 PM PDT by cicero2k
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To: Red in Blue PA

How are they going to grow when they show so much hatred and contempt towards most Americans?


14 posted on 04/27/2017 5:32:39 PM PDT by Trillian
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To: Red in Blue PA

“Perhaps they should hire more refugees......that really seems to be helping sales/s”

That and having some idiot “barrista” try to engage you in a “rap about race.”


15 posted on 04/27/2017 5:33:23 PM PDT by SharpRightTurn (Chuck Schumer--giving pond scum everywhere a bad name.)
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To: Red in Blue PA

When I think of discretionary spend:

1. Costco
2. Amazon
3. Restaurants
4. Travel

Pretty much it. No malls, supermarkets or even Home Depot.


16 posted on 04/27/2017 5:34:58 PM PDT by cicero2k
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To: cicero2k

Costco is owned by a hard core leftist.


17 posted on 04/27/2017 5:37:17 PM PDT by gibsonguy
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To: dp0622

And truth is that I just like plain coffee. I don’t care for all the fancy flavors and stuff.


18 posted on 04/27/2017 5:37:20 PM PDT by boycott
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To: Red in Blue PA

Shove it Starbucks. See how much your snowflakes and hippie generation can keep you afloat.


19 posted on 04/27/2017 5:38:42 PM PDT by SoFloFreeper
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To: Red in Blue PA

Believe they also said they would no longer give forward guidance. NOT GOOD


20 posted on 04/27/2017 5:40:40 PM PDT by DAC21
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