Starbucks US sales buoy quarterly performance as global revenue misses forecasts
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Starbucks saw a 7.7% increase in same-store sales within the U.S. Global sales also grew by 7.2%. Despite these gains, quarterly revenue dropped by 4%. The company reported revenue of $9.14 billion. This final figure fell short of Wall Street expectations.
Starbucks reported a 7.7% rise in U.S. same‑store sales and a 7.2% global increase, yet quarterly revenue fell 4% to $9.14 billion, below Wall Street expectations.