Starbucks (SBUX) just released earnings that were pretty terrible. Their earnings call and CNBC interview were also pretty poor. The stock dropped 17%+ in a day and people are wondering if it’s time to buy the dip on this dividend growth company with a strong brand.
In this video we go over the results and I share my thoughts on what happened, what it means going forward, and if I’m buying more.
00:00 Starbucks earnings were terrible
01:35 Earnings Recap
03:25 Why Did the Stock Drop So much?
12:59 What am I doing with my position?
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