Starbucks' Turnaround Progress and Profit Challenges
Starbucks is showing progress in its turnaround with improved traffic and comparable-store sales, but investors are still waiting for a meaningful recovery in profits. CEO Brian Niccol's initiatives have not yet translated into strong profitability, and the company's operating margin remains below pre-pandemic levels. The company will report its fiscal 2026 second-quarter results, with analysts expecting a modest increase in operating margin.
Tickers: $SBUX
Topics: CEO performance operating margin profit recovery Starbucks stock performance