Starbucks earnings drop, yet again, amid declining sales

The video discusses a decline in quarterly earnings, with US sales down 6%. This marks the third consecutive quarter of declining earnings. Starbucks' CEO plans to change the company's strategy, including reviewing prices, altering marketing, and ensuring customer satisfaction in coffee shops. The company has also lowered its sales expectations twice this year.

What percentage did US sales decline in the recent quarter?

• 7%

• 6%

• 5%

• 4%

How many consecutive quarters has Starbucks experienced a drop in earnings?

• Two

• Four

• One

• Three

What did the Starbucks CEO suggest as part of the new strategy?

• Reviewing prices and marketing

• Expanding to new countries

• Reducing store hours

• Introducing new coffee flavors

Which publication did the Starbucks CEO speak to about the company's strategy?

• The Financial Times

• The Wall Street Journal

• The Washington Post

• The New York Times

How many times has Starbucks lowered its sales expectations this year?

• Four times

• Three times

• Twice

• Once