Previous Close | 88.91 |
Open | 88.63 |
Bid | 86.76 x N/A |
Ask | 86.96 x N/A |
Day's Range | 86.82 - 88.63 |
52 Week Range | 65.99 - 98.90 |
Volume | |
Avg. Volume | 623 |
Market Cap | 98.462B |
Beta (5Y Monthly) | 0.96 |
PE Ratio (TTM) | 26.96 |
EPS (TTM) | 3.22 |
Earnings Date | Oct 31, 2024 - Nov 04, 2024 |
Forward Dividend & Yield | 2.06 (2.31%) |
Ex-Dividend Date | Aug 16, 2024 |
1y Target Est | N/A |
Starbucks is brewing up some C-Suite changes.
Michael Conway will be retiring at the end of November, according to a Monday filing. His position won’t be filled.
The move comes amid newly-appointed Chief Executive Officer Brian Niccol's turnaround plan focusing on Starbucks' operations in the U.S. Conway assumed the role as North America CEO in April this year as the company was grappling with weak demand for its pricey lattes in the U.S. Niccol, who took over from Laxman Narasimhan in a surprise appointment last month, said in an open letter that he would initially focus on ensuring the U.S. stores deliver drinks and food on time, as well as re-establishing the coffeehouse culture at its outlets.