• Starbucks announced yesterday that its second quarter total revenue fell 7.6 percent to $2.33 billion, with domestic sales down 6.8 percent and overseas revenue down 12 percent.
Q2 net income fell 77 percent to $25 million from $108.7 million a year earlier.
Furthermore, US same store sales were down eight percent, and US average transactions were down three percent.
Q2 net income fell 77 percent to $25 million from $108.7 million a year earlier.
Furthermore, US same store sales were down eight percent, and US average transactions were down three percent.
- KC's View:
