12:06Long-form

Why Starbucks Is Struggling

Published August 2, 2024

Views 1.84M  |  Likes 18.4K  |  Comments 8.49K
Views#539,492Global
Views#143,634Unknown country

Channel

CNBCCNBC
4.17M subs16.1K videosJun 2006

At a glance

Views

1,848,734

Likes

18,422

Comments

8,499

Performance vs. channel

Outlier score

Engagement rate

Revenue estimate

Details →

Total (all-time): $1.29K – $3.69K

Based on estimated $0.7–$2 CPM.

About

Starbucks reported a global same-store sales decline of 3% and missed revenue expectations by $130 million in its fiscal third-quarter earnings on July 30, 2024. Its share price has tumbled nearly 25% in the past year. That's all due to operating challenges, an increasingly price conscious consumer and boycotts related…

Published
August 2, 2024
Made for kids
No

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