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Starbucks: revenue in red in the first fiscal quarter

Recorded a 5% drop

Starbucks Corporation reported results for the first quarter of fiscal year 2021, in which earnings exceeded analysts' estimates for the fifth consecutive quarter, but revenue did not meet the Group's goals. Starbuck's board approved a dividend of 45 cents per share. Shares of Starbucks reported a drop of more than 1.5% in extended trading. Including price shares, the US company is now trading at £...

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EFA News - European Food Agency
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