The global coffee giant continues to deliver solid growth, but comparable sales in U.S. stores aren't growing as fast as management expected.
Starbucks Corporation (NASDAQ:SBUX) reported its
second-quarter financial results on April 27, and it delivered a venti-sized
portion of revenue and earnings per share, both of which were the best ever for
a single quarter in the company's history.
But there's a problem -- though it's a bit of a
"high-class" one -- with the company's growth in recent quarters:
Management struggles to produce same-store sales growth in its core U.S.
segment that meets expectations. Let's take a closer look at what's happening
with Starbucks' business results, and what management says to expect going
forward.
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