Starbucks fell more than 12% before the market, Q2 performance fell short of expectations
Gelonghui May 1| Starbucks (SBUXhaktutsspincoinmaster.US) U.S. stocks fell 12.5 percent before the sessionhaktutsspincoinmaster.1%haktutsspincoinmaster, quoted at $77.78. In terms of news, Starbucks same-store sales fell 4% in the fiscal second quarter; same-store sales in the U.S. fell 3% in the fiscal second quarter, with analysts expecting a growth of 2.31%; second-quarter revenue fell 1.8% year-on-year to US$8.563 billion; Adjusted earnings per share for the fiscal second quarter were $0.68, lower than analysts 'expectationshaktutsspincoinmasterof $0.80.