Starbucks's (SBUX) new CEO Brian Niccol — who has been hailed as the savior of Chipotle (CMG) — has his work cut out for him in trying to revive the ailing coffee giant. Evidence of that was revealed in pre-announced earnings results last Wednesday. The company called out an eye-popping 10% drop in US comparable transactions as fresh in-app promotions and new products failed to work.

The ugliness didn’t stop there, however. Same-store sales crashed 14% in China as consumers flock to lower-priced chains. Amid the challenges, Starbucks took the route it often never travels — it pulled its full-year guidance.

Yahoo Finance Executive Editor Brian Sozzi breaks down his stock of the day.