3 Ways Starbucks Disappointed Investors This Week

Starbucks (NASDAQ: SBUX) has been a disappointment recently, with shares significantly underperforming the S&P 500 over the past three years. And this track record worsened earlier this week when the company reduced its outlook for comparable-store sales growth in its third quarter of fiscal 2018, and revised some of its long-term strategic priorities.

Topics:     sbux    s&p   starbucks      
BING NEWS:
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    investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term ...
    12/13/2024 - 1:00 am | View Link
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