Starbucks sales top estimates buoyed by strength in US and China

Starbucks sales top estimates buoyed by strength in US and China

CHICAGO – Starbucks slumped on Tuesday after the coffee chain reaffirmed its guidance for the full fiscal year – a cautious move that appeared to disappoint Wall Street following a strong quarter in which sales and profit outpaced expectations. Comparable sales rose 11 per cent in the quarter ended April…Read More

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