Starbucks' turnaround enters a new phase: Investors want stronger profits served

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Source: CNBC
Published: 2026-04-28 20:12 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport
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Snippet:
Starbucks ' turnaround is showing some progress, but investors are still waiting for the bigger payoff: a meaningful recovery in profits. CEO Brian Niccol's "Back to Starbucks" plan — aimed at improving the cafe experience — has succeeded in improving traffic and getting comparable-store sales growing again. The problem: Niccol's remedies, such as adding baristas to speed up service, are not cheap and profitability remains below historic levels.
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