Starbucks Suspends Annual Forecast as New CEO Prepares Turnaround Plan

2022-02-16T193651Z_627197629_RC24LS91Q0AR_RTRMADP_3_USA-BUSINESS
Starbucks Corp suspended its forecast through the next fiscal year as new CEO Brian Niccol looks to turn around the coffee giant struggling with falling demand for its pricey drinks.

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