Starbucks is about to report earnings. Here's what to expect

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Starbucks is about to report earnings. Here's what to expect
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Shares of Starbucks have fallen 27% this year, dragging its market value down to $98.37 billion.

Here's what Wall Street analysts surveyed by Refinitiv are expecting:suspended its fiscal 2022 outlook

last quarter, citing the uncertainty caused by Covid lockdowns in China, the company's second-largest market. This quarter, analysts are expecting Starbucks' international same-store sales to drop 14.5%, according to StreetAccount estimates. But Wall Street has more upbeat projections for the company's home market, which is expected to report strong same-store sales growth. Still, CEO Howard Schultz will likely face questions about how the chain expects to fare if consumer spending slows down. Restaurant chains like

 

MCD Coffee is better

Star bucks milk spoiled

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