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Starbucks CEO says a turnaround is underway, with no timeline on the table

Yahoo Finance
Summary
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86% Informative

Starbucks CEO Brian Niccol says he's "in the middle of a turnaround" Shares of the coffee giant advanced 5% on Wednesday following better-than-expected earnings.

The coffee giant's most recent quarter showed a 4% drop in global same-store sales.

Wall Street has begun to mark down their earnings expectations on Starbucks for this year .

VR Score

88

Informative language

87

Neutral language

76

Article tone

semi-formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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