Starbucks (SBUX) Down on Q2 Earnings Miss, '24 View Revised

Starbucks Corporation (SBUX) reported second-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate for the second straight quarter. The top and bottom lines decreased year over year. Following the announcements, shares of the company declined 11.6% during the after-hour trading session on Apr 30.Laxman Narasimhan, the CEO, expressed disappointment with quarterly results, attributing to the difficult circumstances the company had faced. Despite the setbacks, he emphasiz ...