Starbucks (SBUX) earnings report: revenue misses expectations, EPS declines, stock drops

Starbucks (SBUX) earnings report: revenue misses expectations, EPS declines, stock drops

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Starbucks Corporation (NASDAQ: SBUX) has reported a revenue miss in its Q1 2024 earnings report, disappointing investors and causing the SBUX stock price to drop by over 10% in the market after hours. The company’s consolidated net revenues for the quarter were down 2% to $8.6 billion, falling short of market expectations. The decline was […]

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