With Shares Down 42%, Is Now the Time to Buy This Restaurant Stock?
The Starbucks of yesteryear may not be equipped to serve the customer of the future ... or even the customer of the present.It's been a tough past three years for Starbucks (SBUX 2.09%) shareholders. The stock is down 42% from its mid-2021 peak and knocking on the door of new multi-year lows. Another round of disappointing quarterly results could easily drag shares back to prices last seen at the onset of the COVID-19 pandemic.Veteran investors know the time to step into quality stocks is when they're "on s ...