Starbucks posts first sales drop since 2020 amid global pullback

Starbucks' sales fell for the first time since 2020 as half-off deals and new lavender lattes weren’t enough to entice increasingly budget-conscious consumers. The shares fell as much as 13% in postmarket trading on Tuesday. If that holds, it would be the company’s biggest stock drop since March…#starbucks

Source: Reuters: Health - May 1, 2024 Category: Consumer Health News Source Type: news