Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
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Keyword: overpricedcoffee

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  • Starbucks results disappoint, new CEO must brew up growth

    04/27/2017 5:15:56 PM PDT · by Red in Blue PA · 56 replies
    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.