Starbucks Misses Sales Forecasts as U.S. Turnaround Gains Traction
Starbucks reported quarterly sales that fell short of Wall Street expectations overall, but its U.S. business showed clearer signs of recovery, with comparable sales outperforming forecasts. The company’s international performance, however, remained a drag, underscoring the uneven nature of its turnaround effort as investors look for sustained improvement in traffic, pricing and execution.
