Starbucks on Tuesday reported weaker-than-expected earnings and another quarter of same-store sales declines, but the coffee giant said its turnaround strategy is showing early signs of success."Our financial results don't yet reflect our progress, but we have real momentum with our 'Back to Starbucks' plan," CEO Brian Niccol said in a video posted...
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Top Wall Street analysts pick these stocks for robust growth potential
Ticker seen at Charles Schwab headquarters located on 211 Main St. seen on Monday, Nov. 25, 2019, in San Francisco, Calif. (Photo By Liz Hafalia/The San Francisco Chronicle via Getty Images)Liz Hafalia | The San Francisco Chronicle via Getty ImagesGlobal stock markets continue to be volatile, influenced by the news...
Consumer outlook hits lowest since 2011 as tariff fears mount, Conference Board survey shows
Consumer attitudes about both the present and near future dimmed again in April, as tariffs dented sentiment and confidence in employment hit levels last seen around the global financial crisis.The Conference Board's Consumer Confidence Index fell to 86 on the month, down 7.9 points from its prior reading and below...
Shares of Gucci-owner Kering drop after first-quarter sales slump
A Gucci luxury boutique in Paris, France, on Tuesday, Oct. 22, 2024. Bloomberg | Getty ImagesShares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.Revenues at the fashion giant plunged 14% year-on-year in the first quarter to 3.9...
Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas.Brandon Bell | Getty ImagesAt car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones...