Starbucks expects higher Q2 profit and sales amid turnaround efforts

13 articles · Updated · MarketWatch · Apr 27

Analysts forecast Starbucks will report $476.6 million in net income and $9.17 billion in revenue, with same-store sales up 4%.
Turnaround strategies include upgraded cafes, improved service, celebrity partnerships, and new afternoon offerings such as energy drinks and digital-menu boards.
A revamped loyalty program with three membership tiers launched last month has received mixed customer feedback, and analysts are watching for its impact on sales momentum and customer engagement.

As profits soar, why has Starbucks failed to ratify a single union contract?

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