Starbucks is reeling as customers go elsewhere, sales decline

Open link in next tab

Starbucks is reeling as customers go elsewhere, sales decline

https://www.nbcnews.com/business/business-news/starbucks-reeling-customers-go-elsewhere-sales-decline-rcna164395

The company’s same-store sales fell 3% in the quarter, fueled by a 5% decline in transactions.

Starbucks is reeling as customers go elsewhere, sales decline

The company’s same-store sales fell 3% in the quarter, fueled by a 5% decline in transactions.

See all comments

If sales are declining that means that profits are also declining. The only solution I see is to increase the price of their coffee to make up for the lost sales.