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Chief Financial Officer Scott Maw assured investors in a statement Thursday that the company is investing “strategically and with a ‘long game’ mentality.”
Starbucks Falls as Drink Promotions Fail to Invigorate Sales
published Apr 26, 2018, 4:12:01 PM, by Leslie Patton (Bloomberg) — Starbucks Corp.’s half-off drink deals and extra rewards offers helped it meet expectations in the latest quarter, but the shares dropped — a sign investors were expecting more. The coffee giant said adjusted profit met estimates, while comparable sales