Starbucks shares fall after weaker-than-expected 2020 forecast

These are the stocks posting the largest moves before the bell.

Shares of the company slid more than 3% in premarket trading. Starbucks said that it expects fiscal 2020 earnings per share to be below its "ongoing growth model of 10%."ahead of a presentation by CFO Pat Grismer at Goldman Sachs' Global Retailing Conference.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Black voters to 2020 Democrats: Don't take us for grantedAfrican American voters in Detroit are fired up to beat Trump. But they want some love from the 2020 Democratic presidential candidates.
Read more »

9 Things to Know Before the Spring 2020 NYFW ShowsYour complete guide to the first leg of fashion month.
Read more »

Warren challenges 2020 Democrats to embrace 10-year clean energy transitionU.S. Senator Elizabeth Warren on Tuesday challenged her rivals for the 2020 Demo...
Read more »

Climate change could be a problem in 2020 ... for DemocratsClimate change could be a winning long-term political issue for the Democrats—but in 2020, it could also threaten the party from inside and out.
Read more »