Here's why Starbucks shares can rally after a quarterly earnings miss

Here's why Starbucks shares can rally after a quarterly earnings miss


A Starbucks brand at a location in New York on Aug. 17, 2023.

Gabby Jones | Bloomberg | Getty Images

Starbucks on Tuesday reported first-quarter earnings and gross sales that, technically, missed Wall Street estimates — but it surely was hardly a shock to traders, together with us.



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