Starbucks employees walk out of stores over controversial policy
The coffee chain has a growing problem on its hands.
It is no secret that Starbucks (SBUX) has been struggling to win back customers. It faced controversy last year over hiking its menu prices and suffered a boycott from consumers over alleged political alliances in the Gaza war.
In its second-quarter earnings report for fiscal year 2025, Starbucks revealed that its U.S. comparable store sales dipped by 1% year-over-year as transactions declined by 4% during the quarter. This contributed to Starbucks’ U.S. operating income decreasing by a whopping 35%.
