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Starbucks feesYahoo Finance
•71% Informative
Shares of Starbucks popped briefly following a quarter that could only be described as abysmal: 6% transaction drop in North America .
International comparable sales tanked 7% . Comparable store sales in China plunged 14% . Non-GAAP operating profit margins fell to 16.7% from 17.4% a year ago .
The bigger picture: Starbucks looks like a shell of its former self right now.
Elliott stake in Starbucks is not a shock, it’s a shock it took this long, says Brian Sozzi .
Schultz is worth $3.1 billion , according to Forbes .
Starbucks declined to make CEO Laxman Narasimhan available for an interview.
VR Score
64
Informative language
59
Neutral language
10
Article tone
semi-formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
13
Source diversity
9
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