Starbucks: When ‘Extraordinary’ Performance Isn’t Good Enough
October 30, 2014 at 16:18 PM EDT
Shares of Starbucks (SBUX) are falling in after-hours trading after the coffee purveyor reported earnings that met analyst forecasts and offered guidance that failed to live up to the market’s expectations. Reuters Starbucks reported an adjusted profit of 74 cents a share, meeting analyst forecasts, on sales of $4.2 billion, ever so slightly below the [...]