Shares of Starbucks (SBUX) are dropping fast in pre-market trading as the company posted its fiscal second-quarter results on Tuesday, disappointing Wall Street after missing out on revenue and same-store sales expectations. In addition, the coffee giant revised its full-year guidance citing a challenging environment.
Yahoo Finance Retail Reporter Brooke DiPalma joins The Morning Brief to break down Starbucks’ recent performance and its declining same-store sales in consumer markets around the world.
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This post was written by Nicholas Jacobino