Home Breaking News Starbucks shares slip as revenue falls short of Street view

Starbucks shares slip as revenue falls short of Street view

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Starbucks Corp.












SBUX, -0.42%










shares declined in the extended session Thursday after the coffee chain matched Wall Street earnings estimates but fell short of consensus revenue targets. Starbucks shares fell 3.2% to $59.31 after hours. The company reported fiscal second-quarter earnings of 45 cents a share on revenue of $5.29 billion. Analysts surveyed by FactSet had forecast earnings of 45 cents a share on revenue of $5.42 billion.



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