Why Starbucks Stock Slipped on Wednesday
Wednesday morning, Starbucks (NASDAQ: SBUX) posted a quarterly earnings report that beat analyst revenue expectations. That wasn't enough to lift its shares into positive territory, though they only dipped by 0.6% in price on the day. Lukewarm performance? Before market open, Starbucks served up its first quarter of fiscal 2026 results. For the period, its net revenue rose 6% year over year to 1,000 right n ...