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Did Starbucks Just Give Investors 8 Billion Reasons to Buy Its Stock Right Now?

TheMotleyFool

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Did Starbucks Just Give Investors 8 Billion Reasons to Buy Its Stock Right Now?: https://g.foolcdn.com/editorial/images/693759/coffee-beans-and-scoop.jpg

Is Starbucks (NASDAQ: SBUX) stock about to roar back to life?

The coffee giant's stock, once a fairly steady gainer over the years, has taken it on the chin in 2022. As with other top consumer goods names, investors worry about how factors like global supply shortages and inflation will affect the ubiquitous latte slinger.

After market hours on Tuesday, the company unveiled its fiscal 2022 third-quarter results (for the quarter ending July 3). Let's take a look at the report and whether it helped ease the worries that have dominated 2022 discussions or created more cause for concern.

Source Fool.com

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