Starbucks Corporation’s Financial Performance and …
From Financial Modeling Prep: 2024-10-30 00:06:40
In summary, Starbucks Corporation reported lower-than-expected earnings per share (EPS) of $0.80 and revenue of $9.1 billion, missing estimates. The company is refocusing its strategy amidst disappointing global store sales. Despite this, Starbucks maintains a price-to-earnings (P/E) ratio of 27.1, indicating investor confidence, but faces potential financial risks.
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