NEW YORK — Starbucks Corp. shares slipped in midday trading Tuesday, falling 1.62% to $97.35 as investors grew cautious ahead of the coffee giant's fiscal second-quarter 2026 earnings report scheduled for April 28, with concerns over slowing same-store sales growth and ongoing challenges in China weighing on sentiment.
At 12:24 p.m. EDT, SBUX stock had declined $1.60 from the previous close amid moderate volume. The modest pullback followed a period of relative stability in recent sessions, with shares trading near $98-100 after recovering from earlier 2026 lows. The stock remains down significantly from its all-time highs above $110 in 2021, reflecting persistent pressure on the company's core business amid shifting consumer habits and heightened competition.
