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1 Magnificent S&P 500 Dividend Stock Down 41% to Buy and Hold Forever [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
So, which label applies to coffee chain giant Starbucks (NASDAQ: SBUX) The stock has suffered an extended slide and is over 40% off its former high after a poor reception to its fiscal second-quarter earnings report. The current drop is the worst since the financial crisis in 2008. There's no doubt Starbucks is struggling, but there are some essential facts to know before you write the company off. In fact, Starbucks could be a buy-and-hold forever stock, despite its current headaches. Starbucks' struggles aren't unique A glance at Starbucks' fiscal 2024 Q2 results tells a pretty quick and convincing story. The number of companywide transactions slipped 6% year over year in the quarter, and international sales, where China is a big part of the company's growth strategy, fell 6%. Management dramatically lowered its guidance for full-year revenue growth from between 7% and 10% to the low single-digit range. The coffee chain appears to be cracking in the face of macroeconomic u
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SBUX
SEC Filings
SEC Filings
- 5/17/24 - Form 4
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- SBUX's page on the SEC website
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