“Starbucks stock plunges 14% after badly missing its Q2 earnings estimates”
May 9, 2024
“…For its second quarter earnings, the company missed expectations across the board, posting lower-than-expected revenue, earnings, and same-store sales growth, as customers pulled back on the frequency of their visits and the size of their orders.
Its shares opened 14% lower on Wednesday; it reported results after market close on Tuesday…”