-
US revokes Iran oil waiver after Hormuz tanker attacks
-
Global AI industry falls short on safety, think tank warns
-
England quicks star as India suffer record 125-run T20 defeat
-
'History made': Egyptian pride despite World Cup heartbreak
-
Cardinal tipped to be pope accused of molesting several women
-
How rescuers carried out 180-hour 'miracle' amid Venezuela's ruins
-
How rescuers carried out 180-hour 'miracle' amid Venzuela's ruins
-
Victorious Belgian footballers troll Trump with YMCA dance
-
I can still win another Grand Slam, says Osaka after Wimbledon exit
-
Scotland boss Townsend expects Russell will face Springboks
-
France's Le Pen says still running for president
-
Messi inspires Argentina great escape over Egypt
-
Argentina produce epic World Cup fightback to beat Egypt, reach quarters
-
Zverev, Cobolli targeting rematch at Wimbledon
-
Canada province preparing lawsuit against OpenAI over school shooting
-
Colombia president-elect accuses outgoing leader of 'coup' plotting
-
Lidl-Trek celebrate 'perfect' day at Tour de France
-
IOC eases restrictions on Russians before 2028 LA Games as anthem, flag ban remains
-
Cavs agree on Mitchell deal as LeBron watches: report
-
Muchova ends Osaka run to reach Wimbledon semis
-
Turkish delight: Trump revels in Erdogan's lavish welcome
-
Mexico probing if US violated sovereignty in 2024 drug lord capture
-
Nigeria's Dangote confirms Lamu, Kenya for east Africa mega-refinery
-
Zverev reaches first Wimbledon quarter-final
-
Study points to likely route for Hannibal's legendary Alpine crossing
-
Nordic joy as Traeen takes yellow, Pedersen wins Tour de France 4th stage
-
Australia's Mooney back at No 1 in batting rankings after World Cup heroics
-
Electric Our Lady land: guitar made from burned Notre Dame wood
-
Traeen takes yellow, Pedersen wins Tour de France 4th stage
-
Tanker attacks send oil higher, stocks hit by AI jitters
-
UK hard-right leader Farage resigns as MP to force snap vote in finances row
-
IOC shuffle 2030 Winter Games events and promise gender parity
-
Harry Kane calls for calm after England's World Cup epic against Mexico
-
Macron says Syria must not be destabilised after bombs wound 18
-
Beleaguered Prince Harry loses lawsuit against UK tabloid
-
France's Le Pen to announce if running for president with ankle tag
-
Sinner eyes Djokovic showdown after moving into Wimbledon semis
-
France get ready to face 'lost treasure' Bouaddi in Morocco World Cup clash
-
Sinner conquers heat, sets up potential Djokovic clash at Wimbledon
-
Trump berates NATO, praises Erdogan as summit starts
-
'Veteran' Gauff completes Slam semi-final set with Wimbledon fightback
-
Blazy's Chanel fairy tale continues with whimsical couture show
-
UK hard-right leader resigns as MP to force snap vote in finances row
-
Stocks hit by AI concerns as oil rises on tanker attack
-
US trade gap in May widens to biggest in over a year
-
Prince Harry, Elton John lose case against UK tabloid
-
France's Le Pen cleared to run for president but with ankle tag
-
Serena wants to play again before US Open, says coach
-
This year's El Nino likely to become record-breaker: top expert
-
Sign of the times: Harry Styles sets record with 12-night Wembley run
Starbucks profits fall but points to progress in turnaround
Starbucks reported lower profits Tuesday in results that still topped expectations as the company's new CEO described various pilot program tests to reinvigorate the chain.
Profits came in at $780.8 million, down 23.8 percent from the year-ago level. Revenues declined 0.3 percent to $9.4 billion, as comparable store sales fell in both North America and international markets.
The chain, which has hit a rough patch of sagging sales, installed Brian Niccol as CEO last year, recruiting him from Chipotle after the short-lived tenure of Laxman Narasimhan.
Niccol has reinstated self-service condiment bars for customers in US stores and shifted policies to permit bathroom use only to patrons.
On Tuesday, prior to the earnings announcement, Starbucks announced the departure of two longtime executives, Sara Trilling and Arthur Valdez, whose roles will be reconfigured under a new operating model.
Niccol's goal is that Starbucks "gets back" to its identity as "a welcoming coffee house where people gather and where we serve the finest coffee handcrafted by our skilled baristas."
The chain is working to ensure that customers are moved through and served within four minutes with a "touch of humanity," Niccol said on a conference call with analysts.
To that end, the company has reintroduced ceramic mugs and handwritten notes to customers on coffee cups.
Starbucks is also experimenting with algorithms that can improve efficiency in the production of drinks ordered through the company's smartphone app, Niccol said.
Customers have complained of lengthy wait times for online orders where they stand near rows of prepared drinks waiting for other customers.
"Right now mobile ordering is just a first in, first out proposition and we've got to fix it," he said, adding that fixing the issue will take "the brand right back where it needs to be, which is a premium experience."
Shares rose 0.6 percent in after-hours trading.
T.Sanchez--AT