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Starbucks shares fall after weaker-than-expected 2020 forecast
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks released Wednesday a weaker-than-expected forecast for its fiscal 2020 earnings. Shares of the company slid more than 3% in premarket trading. Starbucks said that it expects fiscal 2020 earnings per share to be below its “ongoing growth model of 10%.” The company […]
