William Blair research analyst Sharon Zackfia was quoted in Reuters after Starbucks and new CEO Brian Niccol reported earnings and laid out a turnaround brand to further profits and stabilize finances.
“While we remain optimistic that Starbucks can return to positive comparable sale as fiscal 2025 progresses under Niccol's leadership, we suspect a reality check is needed on the timeline to reinvigorate profitability," Zackfia’s wrote in a research note that was cited by the publication.