Starbucks: Shares Drop 3% on Fiscal 3Q Revenue Miss

It looks like tonight’s earnings report from Starbucks (SBUX) left investors with a bitter taste after the coffee house chain posted revenue that missed the Street’s view. For the fiscal third quarter, Starbucks earned 49 cents a share, meeting expectations. But at $5.24 billion, revenue fell short of the $5.34 billion expected by the Street, […]