Starbucks Q2 Earnings & Revenues Miss Estimates, Stock Down
Starbucks Corporation (SBUX) reported second-quarter fiscal 2025 results, with earnings and net revenues missing the Zacks Consensus Estimate. The top line increased year over year, while the bottom line declined from the prior-year quarter’s figure.Following the results, SBUX stock declined 6.4% in Tuesday’s after-hours trading session. Negative investor sentiments were witnessed as the company delivered underwhelming earnings performance, reflecting expense deleverage and heightened store investments.Mana ...