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Starbucks pursues restructuring plans and loses less than expected! CEO Niccol recruits two more Taco Bell colleagues!

A. Wimbauer
Reading Time: 3 minutes

The coffeehouse chain Starbucks Corporation (SBUX) reported its financial results for the first quarter of 2025 after the market close on Tuesday, January 28, 2025, and was able to exceed the already lowered revenue and earnings expectations. The company was encouraged by its restructuring plan and the initial progress made with its "Back to Starbucks" strategy to reintroduce Starbucks to the world and become a gathering place once again. The shares could rise by as much as 3.5% in after-hours trading but had to give back the gains shortly after....

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