Starbucks Stock Shines as Analysts Mull Early Merits of Turnaround Plan

Key TakeawaysStarbucks stock jumped Wednesday when the company reported fiscal first-quarter results after Tuesday's bell.Same-store sales declined less than analysts expected in the period, a sign that new Chief Executive Officer Brian Niccol's "Back to Starbucks" turnaround plan could be off to a promising start.Chief Financial Officer Rachel Ruggeri said that year-over-year earnings pressure could "intensify" in the company's current quarter, before improving in the second half of fiscal 2025. Starbucks ...