Yahoo Finance's Brian Sozzi joins the Live show to highlight Starbucks' earnings miss citing disappointing same-store and overseas sales.
Starbucks reported quarterly results that mostly missed expectations.
(Bloomberg) -- Starbucks Corp. reported profit and comparable sales that trailed Wall Street’s expectations as weakness in China weighed on results, sending shares down in late trading. Executives reaffirmed confidence in the country and predicted a recovery there this year. Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionWhat You Need to Know About the Chinese Spy Balloon Floating Over the USAdani’s $108 Billi