Starbucks Is Reinventing Itself. Earnings Will Show the Progress. - Barron's
1. Starbucks stock has dropped 28% amid recession fears and declining sales. 2. Earnings report expected to show 28% decline in earnings per share. 3. Same-store sales are anticipated to shrink by 1% for the quarter. 4. CEO Niccol implementing changes to improve service and reduce menu items. 5. Market uncertainty and rising coffee prices may negatively impact profitability.