Starbucks Surges as Its Turnaround Gains Steam
It's been a tough few years to be a Starbucks (NASDAQ: SBUX) shareholder. After years of dependable growth, the coffee chain stumbled, with growth as tepid as day-old java. The company took a big swing, bringing in former Chipotle CEO Brian Niccol to right the ship, and there were already positive signs that his turnaround efforts were taking hold. Starbucks faced a critical test when the company reported after the market close on Tuesday, and the results came in piping hot. For the company's fiscal 2026 ...