Former CEO Attacks Starbucks
Briefly

Howard Schultz criticizes current Starbucks management for possible settlement with activist investor, highlighting weak recent earnings and visible problems. Schultz focuses on values and culture.
New Starbucks CEO Laxman Narasimhan faces challenges of revenue drop and net income slide, acknowledging brand power but noting the difficult environment.
Starbucks confronts labor disputes, customer wait time increase, and online order congestion as prominent challenges under current management's oversight.
Read at 24/7 Wall St.
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