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Starbucks Surprises Investors with Weak Fiscal Second Quarter Results

publication date: May 7, 2024
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Image: Starbucks’ shares face some challenges as the firm struggles to right the ship. 

Starbucks surprised investors with very weak second-quarter 2024 results that showed a miss on both the top and bottom lines. We’re steering clear of Starbucks as a cautious consumer spending environment and execution remain key issues for the firm. We prefer Domino’s and Chipotle instead.


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