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Starbucks: Valuation Attractive After The Sharp Drop, But Only On The Surface [Seeking Alpha]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Having had SBUX stock on my watch list for more than two years now, yesterday's sharp decline seems like a good opportunity to (finally) open a position. Starbucks' valuation does indeed look compelling, but only on the surface, as I explain in this earnings update. In addition to sharing my view on the coffee giant's Q2 results, I also share why I continue to practice one of the most important aspects of successful investing: patience. Introduction Starbucks Corporation ( NASDAQ: SBUX NEOE: SBUX:CA ) announced its fiscal 2024 second quarter results on April 30 and spooked investors with a sharp decline in same-store sales and a significant miss on earnings Recommended For You Recommended For You About SBUX Stock
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SEC Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
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- SBUX's page on the SEC website
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