Thursday, 30 October 2014

Starbucks Americas sales weaker than expected

Pedestrians walk past a Starbucks store in the Manhattan borough of New York (Reuters) - Starbucks Corp on Thursday reported sales at established cafes in its U.S.-dominated Americas region that missed Wall Street expectations in the latest quarter, despite the early return of the popular Pumpkin Spice latte. Sales at Americas-region Starbucks cafes open at least 13 months rose 5 percent for the fiscal fourth-quarter ended Sept. 28, less than the 6.2 percent gain analysts expected. The Americas region contributes the majority of Starbucks revenue. Sales for the region were up 6 percent for the third quarter. ...








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