Starbucks Shares Face Investor Skepticism Despite Seasonal Surge

While seasonal beverages like the Pumpkin Spice Latte continue to generate record-breaking sales, Starbucks Corporation’s stock performance tells a contrasting story. The coffee giant’s shares declined by 3.5 percent in the latest trading session, reflecting persistent market doubts about CEO Brian Niccol’s turnaround strategy despite recent operational successes.

The equity experienced a brief rally earlier in the week, climbing nearly 2 percent following internal reports of exceptional performance. According to an internal memo from Niccol, the late-August reintroduction of the iconic Pumpkin Spice Latte coincided with a record sales week for U.S. locations, including the highest-grossing Tuesday in company history for an autumn period.

This optimism proved short-lived as selling pressure resumed by Wednesday. The stock fell Read more...