- Starbucks Stock Falls Over 7%. Lots of investors are betting on the talents of Brian Niccol to move Starbucks in the right direction. Visitors were down, order size was up and overall same store sales were down.
- “US comparable store sales — a closely watched metric that includes results from stores open for more than a year — fell for the fifth consecutive quarter, sinking 2% as consumers sought cheaper alternatives at rivals such as Dunkin’ and McDonald’s (MCD).” Yahoo Finance.
Mergers & Acquisitions
M&A Activity Down in Q1 Due to Uncertainty. “M&A is like a barometer of business