Starbucks is still going down!☕

Shares of coffee company Starbucks continue to fall after announcing 2Q 2024 results!

The company announced a full year decline in revenue for the first time since the end of 2020 18 %.

Starbucks $SBUX is looking to improve the situation by improving service efficiency, offering more discounts, launching new products and other solutions. However, the company also expects the recovery process to take longer, which is reflected in its reduced full-year revenue growth forecast. Therefore, Laxam Narasimhan, the current CEO of Starbucks ,is in a challenging situation. However, investors are pressing on, and given the doubts about the company's growth prospects, they want to see a concrete plan to reignite demand and restore confidence inStarbucks'future .

But the dividend yield of over 3% could be interesting.
The price is currently around $73 and is down more than 17 %.

What's your take on Starbucks stock? Do you see potential in them and at what price for the rest of the year, or would you rather wait?


The company is great, but I don't have it in my portfolio as I don't need it and have other stable stocks there.

Don't have an account? Join us

Log in to Bulios


Or use email and password
Already a member? Log in

Create Bulios profile

Continue with

Or use email and password
You can use lowercase letters, numbers, and underscores

Why Bulios?

One of the fastest growing investor communities in Europe

Comprehensive data on thousands of stocks from around the world

Current information from global markets and individual companies

Education and exchange of investment experience among investors

Fair prices, portfolio tracker, stock screener and other tools

Posts StockBot Tracker