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Starbucks Earnings: Sales Fall Short as Challenges Mount - WSJ The Wall Street JournalStarbucks revises 2024 guidance, after badly missing its Q2 earnings estimates Yahoo FinanceStarbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag CNBCSame-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8% The New York TimesStarbucks stock sinks as ‘cautious' consumers, more headwinds hit profit, revenue MarketWatch
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Starbucks revises 2024 guidance, after badly missing its Q2 earnings estimates Yahoo FinanceStarbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag CNBCStarbucks stock sinks as ‘cautious' consumers, more headwinds hit profit, revenue MarketWatchStarbucks Earnings: Sales Fall Short as Challenges Mount - WSJ The Wall Street JournalSame-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8% The New York Times
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On an earnings call, CEO Chris Kempczinski says inflation is cutting diner budgets and Muslim-majority markets are experiencing slower sales.
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