That $SBUX print was ugly. Cut EPS growth guidance from 18% to 2%-3%. Cut revenue growth guide by about 500 bps too. Blamed macro & severe weather headwinds. This is an iconic, world-class brand now trading right around 20x earnings. Interesting opportunity? Or a headache?
— Brad Freeman (@StockMarketNerd) May 1, 2024
from Twitter https://twitter.com/StockMarketNerd
May 01, 2024 at 04:38PM
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