Summary Starbucks reported a global same-store sales decline of 3% and missed revenue expectations by $130 million in its fiscal third-quarter earnings on July 30, 2024. Its share price has tumbled nearly 25% in the past year. That’s all due to operating challenges, an increasingly price conscious consumer and boycotts related to the Israel-Hamas war. […]

source: https://thefinance.sg/2024/08/20/post-682-why-starbucks-is-struggling/