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Starbucks revenue trails estimates as domestic growth slows
Add BT as a preferred sourcePublished Fri, Jul 22, 2016 · 09:50 PM
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Chicago
STARBUCKS Corp, the world's largest coffee-shop chain, reported third-quarter revenue that missed analysts' estimates after same-store sales growth slowed in the Americas, its biggest region.
Sales rose 7.3 per cent to US$5.24 billion in the quarter ended June 26, the Seattle-based company said on Thursday. That trailed analysts' US$5.34 billion average estimate.
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