Why Starbucks Stock Slipped on Wednesday
Wednesday morning, (NASDAQ: SBUX) posted a quarterly earnings report that beat analyst revenue expectations. That wasn't enough to lift its shares into positive territory, though they only dipped by 0.6% in price on the day.
Before market open, Starbucks served up its first quarter of fiscal 2026 results. For the period, its net revenue rose 6% year over year to $9.9 billion. That was on the back of 4% growth in global comparable store sales.
Image source: Starbucks.
Source Fool.com
Starbucks Corp. Aktie
77,21 €
-0,36 %
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