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Starbucks (SBUX) concluded the recent trading session at $90.58, signifying a -1.81% move from its prior day's close.
Starbucks is a pioneer of the “second wave” coffee movement, with its origins in Seattle near the famous Pike Place Market. Starbucks stock price has seen tremendous growth since its 1992 IPO.
U.S. sales were down 6%, China sales dropped 14%, and customization complexity impacting operational efficiency and margins.
These itemized elaborations have been created using the accompanying table.