RE: RE: Starbucks Was A True Tale Of This Coming Earnings' Season
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RE: Starbucks Was A True Tale Of This Coming Earnings' Season

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I think this quarter results may not be impacted as much. However, companies like SBUX will probably be asked to provide a guidance for next quarter and beyond. "Smart" CEOs will likely give a poor guidance, allow the stock to tank now and beat the expectations next quarter. It is better to let the stock tank now since the effect of COVID-19 is still in everyone's mind and the poor performance can be easily justified.

Just my 2 cents. Stay safe and healthy!

tipu@tipu curate