Starbucks beats earnings expectations, but sales still slipped

Starbucks (SBUX) reported a decline in same-store sales for the fourth straight quarter. However, the company’s earnings and revenue beat Wall Street’s expectations. Shares of Starbucks popped by more than 4% in after hours trading.

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​Starbucks (SBUX) reported a decline in same-store sales for the fourth straight quarter. However, the company’s earnings and revenue beat Wall Street’s expectations. Shares of Starbucks popped by more than 4% in after hours trading. Read more…