Jonathan Maze
Editor-in-Chief
Articles by
Jonathan Maze
Page 2Financing
The consumer is cutting back, but not everywhere
The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.
Financing
Starbucks sales and traffic took a big hit last quarter
The Seattle-based coffee shop giant said that its performance in its second quarter “did not meet our expectations” amid a “highly challenged environment.” The news sent its stock plunging.