“Starbucks Surpasses Expectations with $9.4B Revenue, Despite 4% Sales Drop in China: Focus on Recovery”
Starbucks Surpasses Earnings Estimates Despite Same-Store Sales Decline A Closer Look at Starbucks’ Recent Financial Performance Starbucks has recently released its quarterly financial results, exceeding analysts’ expectations with an earnings per share (EPS) of $0.69 and revenue of $9.4 billion. However, the coffee giant reported a 4% decrease in same-store sales, with U.S. traffic slipping…