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@ New York Post (RSS Feed)
2025-04-29 20:43:48
Starbucks posts bigger-than-expected drop in global sales on weak US demand
Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for its pricey coffees in the United States amid rising macroeconomic uncertainty. Total same-store sales declined 1% in the second quarter, compared with analysts’ average estimate of a 0.26% fall, according to data compiled by LSEG. “Our financial results don’t...
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https://nypost.com/2025/04/29/business/starbucks-posts-bigger-than-expected-drop-in-global-sales-on-weak-us-demand/