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Starbucks Shares Drop 7 Percent After Q4 Earnings And 2022 Forecast Is Released

MARIN CITY, CALIFORNIA - OCTOBER 29: The Starbucks logo is display on the exterior of a Starbucks store on October 29, 2021 in San Francisco, California. Starbucks shares fell 7 percent a day after the coffee chain reported fourth quarter earnings that fell short of analyst expectations. The company also announced plans to raise barista pay by summer of 2022. (Photo by Justin Sullivan/Getty Images)

Starbucks Shares Drop 7 Percent After Q4 Earnings And 2022 Forecast Is Released
MARIN CITY, CALIFORNIA - OCTOBER 29: The Starbucks logo is display on the exterior of a Starbucks store on October 29, 2021 in San Francisco, California. Starbucks shares fell 7 percent a day after the coffee chain reported fourth quarter earnings that fell short of analyst expectations. The company also announced plans to raise barista pay by summer of 2022. (Photo by Justin Sullivan/Getty Images)
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1350074820
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Getty Images News
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October 29, 2021
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