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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?
*I am not a licensed professional or a financial advisor. This content should not be taken as financial advice. It is meant for educational and entertainment purposes only. All opinions and perspectives are based on my own personal financial situation, experiences, and goals. Please ensure that you do your own due diligence before making financial decisions and/or meet with a professional. Links above include affiliate links, which means I may receive a commission at no additional cost to you.
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