Starbucks is following through on its commitment to get back to its roots, announcing plans to simplify the menu and reintroduce a condiment bar as part of the CEO's turnaround strategy. As the Seattle-based coffee chain reported its Q1 financial results,

Key Takeaways Starbucks reported fiscal first-quarter results that topped analysts’ expectations, despite sales and profit declines year-over-year.The better-than-expected results came as new CEO Brian Niccol said the company made progress toward its "Back to Starbucks" strategy.

Starbucks reported first-quarter results that were better than expectations, though sales at the coffee chain still fell.

Starbucks announced a slew of changes, including the exit of its North America president Sara Trilling, on Tuesday as CEO Brian Niccol tries to revive demand at the struggling coffee chain. The company also appointed former chief operating officer of Taco Bell,

Under its new CEO, Starbucks is spending heavily to make itself a more welcoming coffeehouse with faster service.