Starbucks Posts Stunning Q2 Earnings Miss as Sales in China …

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TMTPost -- Settling around 15.9% lower Wednesday, shares of Starbucks Corporation suffered their worst day since the early days of the Covid-19 pandemic in March 2020 after the world’s largest coffee chain operator posted a stunning miss both top and bottom line.Credit：StarbucksStarbucks reported net revenue dropped 2% year-over-year (YoY) to $8.56 billion in the fiscal second quarter ended March 31, 2024,