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The CEO of Starbucks insisted the chain wasn’t running low on coffee and cups – but said some baked goods were in short supply.
“We’ve had some shortages in the bakery case, that certainly is true,” CEO Kevin Johnson told CNBC’s Jim Cramer Thursday. He didn’t specify which baked goods had run low.
Starbucks also faced “pressure” on its supply of breakfast sandwiches, he said.
Starbucks had put orders for at least 25 items, including hazelnut syrup and chai tea bags, on “temporary hold” as of June 4 due to supply chain issues, according to an internal details ⇒
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