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Starbucks Stock Down 29%: What to Know Before You Buy the Dip

It's unclear whether this reflects structural problems or just a temporary consumer slowdown.

By Jason Hall and Tyler Crowe – May 11, 2024 at 3:00AM EST

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down their concerns about Starbucks (SBUX +0.77%) after a tough quarter and talk about whether it's time to buy shares.

*Stock prices used were from the afternoon of May 7, 2024. The video was published on May 10, 2024.

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

Jason Hall has positions in Starbucks. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Starbucks. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Starbucks Stock Quote
Starbucks
NASDAQ: SBUX
$105.74
(+0.77%)+$0.81

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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