Starbucks shares fall 3% as coffee chain scales back store growth, sees 1% global same-stores growth in third quarter

The coffee giant's current CEO Kevin Johnson is set to present at the Oppenheimer Annual Consumer Conference in Boston on Tuesday, outlining his plan for Starbucks moving forward. Johnson became CEO April 2017, succeeding Howard Schultz, who shifted his focus to the company's Roastery and Reserve Bars and took the title of executive chairman.