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We expected more from Starbucks' quarter, but remain believers in the coffee brand

Wed Aug 2 , 2023
Starbucks (SBUX) on Tuesday reported a mixed fiscal third quarter, as earnings beat expectations but a slight miss on comparable-sales growth and a small slowdown in the U.S. sent shares about 1% lower in afterhours trading. But Starbucks’ reinvention plan is only beginning to take shape, and we’re bullish long-term […]

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