Economic TimesLean R·
Starbucks raises annual forecasts again
Starbucks has raised its annual sales and profit forecasts for the second time, as CEO Brian Niccol's years-long turnaround efforts reignite demand at the world's largest coffee chain, sending its shares up 5% in extended trading.Under Niccol, the company has aimed to improve customer experience through a simplified menu and shortened wait times, fueling four straight quarters of comparable sales growth."We have more work to do," Niccol said in a statement on Wednesday, while finance chief…
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