Starbucks (SBUX) Surprise Earnings

With a new CEO at the helm, Starbucks (SBUX) released preliminary 4Q and FY24 earnings unexpectedly. The company says 4Q Comp. Sales were down 7% and it says FY25 guidance will be suspended. Alex Coffey and Caroline Woods join Oliver Renick to break it all down as details percolate to the surface.

Market On Close

22 Oct 2024

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