Skip navigation
Starbucks' stock drops after disappointing 3Q results

Starbucks' stock drops after disappointing 3Q results

The company lowers forecast, cites waning consumer confidence

Starbucks reported a 19-percent increase in third-quarter profit late Thursday, but warned that the “fragile” economic picture began to slow traffic growth in U.S. locations, starting in June.

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish