Readers hoping to buy Starbucks Corporation ( NASDAQ:SBUX ) for its dividend will need to make their move shortly, as...
Starbucks CFO said disinflation has not yet reached the coffee giant, except in these two areas.
Shares of Starbucks (NASDAQ: SBUX) sank on Friday after the coffeehouse leader's sales and profits failed to meet investors' expectations. As of 1:35 p.m. ET, Starbucks' stock price was down more than 3%. Starbucks' revenue rose 8% year over year to $8.7 billion in its fiscal 2023 first quarter ended Jan. 1.