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The Recession just hit Starbucks.

Starbucks had a horrible Q1 2024 earnings report, reporting a huge drop in transaction volume and sales. As fewer people go to Starbucks to purchase overpriced coffee and lattes. This is a signal that Starbucks is having problems on the corporate level. While there's also a broader slowdown in consumer spending in America on food. Particularly at fast food restaurants like Starbucks, Mcdonalds, and KFC. --- REVENTURE APP: https://www.reventure.app Access Exclusive Data and Videos as a Channel Member:    / @reventureconsulting   DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/