$Starbucks(SBUX.US)
Starbucks' same-store sales fell 7% in the fourth quarter. Same-store sales in the U.S. dropped 10% year-over-year, while same-store sales in China declined 14%. The company has postponed releasing its fiscal 2025 guidance.
Several months ago, I sold Starbucks at $78+, making it the second-largest loss in my portfolio (second only to Micron). Since then, I haven't visited Starbucks again 🖖 my mindset is shattered
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