On Tuesday, Starbucks Corporation (NASDAQ:SBUX) delivered a depressing quarterly report and forecast. Weaker-than-expected quarterly revenue and earnings came as the result of a surprise decline in same-store sales along with falling traffic across regions, with the coffee chain predicting its shops will continue to underperform over the following quarters. Upon the report, shares tanked 12% as CEO Laxman Narasimhan admitted that amid a highly challenging environment, this quarter's results did not meet expectations, emphasizing that they do not reflect the power of the brand, its capabilities and opportunities. Like McDonald's Corporation (NYSE:MCD) and PepsiCo...
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