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It has been about a month since the last earnings report for Starbucks (SBUX). Shares have lost about 6.6% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Starbucks due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
Starbucks Q2 Earnings Miss, Revenues...
>>> Read more: Why Is Starbucks (SBUX) Down 6.6% Since Last Earnings Report?
Will the recent negative trend continue leading up to its next earnings release, or is Starbucks due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
Starbucks Q2 Earnings Miss, Revenues...
>>> Read more: Why Is Starbucks (SBUX) Down 6.6% Since Last Earnings Report?
