SEATTLE Starbucks Corp. is pulling its hot breakfast sandwiches and closing 100 stores after posting a 1-percent year-over-year decline in domestic same-store sales for the first quarter ended Dec. 30. Traffic at U.S. coffee shops was down 3 percent on a comparable-unit basis from the same period of a year ago, the company said Tuesday. Net earnings for the quarter totaled $208.1 million, or 28 cents per share, a 2-percent increase over the $205 million, or 26 cents per share, for ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?