Starbucks reported lack luster quarterly earnings on Thursday. The coffee chain reported earnings in-line with expectations of $0.56 cents a share and missed on revenues with only $3.87 billion. Analysts were expecting the company to report earnings of $0.56 cents a share on $3.95 billion in revenues. Key concerns for investors included the ability to grow the business in terms of store traffic and how much customers are spending on average per visit.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
