It's Taking a "Latte" Time to Get That Coffee. Long Wait Times Have Hurt Starbucks Stock -- Can It Rebound?

Starbucks management admits that long wait times contributed to declining sales last quarter. If you've noticed that it takes longer to get your coffee or latte from Starbucks (SBUX -1.97%), you're not alone. This has been leading to increasingly frustrated customers and helped play a part in the company reporting disappointing fiscal second-quarter results that saw sales decline 2% to $8.6 billion. It was its first quarterly revenue decline since 2020 when COVID-19 affected sales. Starbucks' operational is ...