Starbucks Posts Earnings Beat: New CEO Will 'Fix The Business The Right Way,' Analyst Says
1. Starbucks' Q1 earnings exceeded expectations, showing modest growth signs. 2. Analysts generally maintain Buy ratings, lifting price targets for SBUX. 3. Same-store sales declines were better than expected, showing stabilization. 4. Management aims to simplify the menu and improve operational efficiency. 5. Analysts predict potential positive sales growth in the upcoming quarters.