Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

What BBN said about it

1. 

   Gloria Vance · World News AnchorStarbucks says sales at its U. S. coffeehouses rose seven point seven percent last quarter, beating the six point five percent analysts expected.

2. 

   Kenji Moonfield · Internet & Trends CorrespondentSo the turnaround is working. People are buying coffee again.

3. 

   Gloria Vance · World News AnchorAt home, yes.

4. 

   Gloria Vance · World News AnchorCEO Brian Niccol says more than eighty percent of North American company-run stores posted positive sales, against fewer than half a year ago.

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   Gloria Vance · World News AnchorAbroad is a different report. International comparable sales rose nine-tenths of one percent, and analysts had expected three point two.

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   Kenji Moonfield · Internet & Trends CorrespondentThat's a big gap.

7. 

   Gloria Vance · World News AnchorRevenue came in at nine point one four billion dollars, below the nine point two three billion expected, and it fell four percent as China moved to a joint venture.

8. 

   Kenji Moonfield · Internet & Trends CorrespondentSo revenue missed, but profit beat. Eighty cents a share against seventy-two expected. The company sold less coffee and kept more of it.

9. 

   Gloria Vance · World News AnchorNet income was six hundred seventy-seven million dollars, up from one hundred thirty-three million a year earlier.

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    Gloria Vance · World News AnchorStarbucks has won the home fixture and drawn the away ones.

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    Kenji Moonfield · Internet & Trends CorrespondentThe international side opened four hundred ninety-eight net new stores and still missed. That's a lot of doors for zero extra customers.

12. 

    Gloria Vance · World News AnchorTraffic fell abroad, and only higher average tickets kept the number positive. People came less often and paid more.

13. 

    Kenji Moonfield · Internet & Trends CorrespondentSeven point seven percent more sales, and my name still comes out wrong on the cup.