Narasimhan came over from British consumer-goods company Reckitt Benckiser Group Plc, where he was known for making fast ...
Simultaneously, the coffee chain's U.S. Supreme Court case commences Tuesday. It challenges certain of the NLRB's regulatory ...
Starbucks Lowers Guidance, Promises New Drinks and Deals After Customer Traffic ... and did not meet our expectations,” Starbucks CEO Laxman Narasimhan said during a conference call with ...
Laxman Narasimhan’s honeymoon phase is over.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle ...
Starbucks lowered expectations for its full-year sales and profit Tuesday after a disastrous quarter that saw a slowdown in store visits across the world. The Seattle coffee giant said revenue for the ...
“Our performance this quarter was disappointing and did not meet our expectations,” Starbucks CEO Laxman Narasimhan ... But the company has also taken steps to undo the damage.
Starbucks' honeymoon with new CEO Laxman Narasimhan ends abruptly as shares plummet 18% post-disappointing quarterly results.
Jim Cramer criticised Starbucks CEO for a disappointing quarter. He questions whether his Charitable Trust should hold Starbucks stock.