Starbucks’ Big Sales Beat Stokes Confidence in Turnaround

Starbucks Corp. Chief Executive Officer Brian Niccol delivered the best evidence yet that his turnaround plan is taking hold, with the coffee chain posting unexpectedly strong growth and a solid...

By Bloomberg Markets · Bloomberg Markets

Starbucks Corp. Chief Executive Officer Brian Niccol delivered the best evidence yet that his turnaround plan is taking hold, with the coffee chain posting unexpectedly strong growth and a solid outlook for the rest of the year. Bloomberg's Michael Halen joins Bloomberg Intelligence to discuss. (Source: Bloomberg)