Starbucks July sales lag forecasts
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Starbucks Corp.  on  Wednesday posted 16 percent quarterly profit growth but showed  its weakest monthly same-store sales rise in four-and-a-half  years, missing Wall Street estimates and sending shares down 9  percent.
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U.S. stocks were slightly lower on  Wednesday after government reports for July on durable goods  orders and new home sales cast some doubt on the strength of  the economy.
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Starbucks Corp. SBUX.O said on   Thursday that same-store sales rose 5 percent in August,   hitting the top of Wall Street estimates and helping to allay   concerns about a consumer spending slowdown.
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Investor's Business Daily - The Richmond Fed&#39;s service-sector revenues index fell to -4 in Aug. vs. 6 in July. The retail sales revenues index dived to -34 vs. 3 in July. But the manufacturing index for the Richmond Fed district ticked up to 7 this month from 4 in July.
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Circuit City Stores Inc. CC.N on  Tuesday reported a 2.9 percent gain in quarterly same-store  sales but its growth lagged estimates due to a calendar shift  and reduced spending through August.
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Unilever shares have fallen 5.7% after the Anglo-Dutch consumer goods giant issued a surprise profits warning. Unilever said sales of ice cream and its tea drinks were &quot;substantially lower&quot; in July and August due to very poor weather in northern Europe.
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U.S. chain store sales fell in the third week of October, with sales being delayed by the summer like weather, a report said on Tuesday.
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Starbucks Corp.'s  chief financial officer on Thursday said meeting the high end of the coffee shop chain's 2007 earnings forecast will be "very challenging" due to rising dairy costs and slowing sales growth in its U.S. business, sending shares to a 20-month low.
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The Starbucks competitor turned a full-year profit, but its cup could be warmer.
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Starbucks, the largest US chain of coffee shops, plans to raise its beverage prices by year&#39;s end to cover higher costs for milk and health insurance amid slowing sales.
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Lately, the company's retail operation has been lagging behind sales of its locations.
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MONTREAL - Molson Inc. has served up a warning of disappointing summer-quarter earnings, saying sales have been slow in Canada and profitability has been squeezed in Brazil.
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Starbucks Corp., the world&#39;s largest coffee-shop chain, on Wednesday said sales at stores open at least a year rose 8 percent in August, the first time growth fell below double-digits in nine months.
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Factory orders for costly manufactured goods in July recorded the biggest gain in four months. New-homes sales, meanwhile, slid, according to a pair of reports that offered a mixed picture of economic activity.
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Starbucks Corp  on  Wednesday posted higher quarterly profit as the premium coffee  seller works to revive its historically swift growth as it  grapples with slower U.S. consumer spending, high milk prices  and increased competition.
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No wonder the lines have been so darn long. (You obviously don&#39;t want to know me in the morning!) Citing, among other things, the popularity of its holiday offerings, Starbucks (Nasdaq: SBUX) delivered home-run same-store sales in November.
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Starbucks Corp. SBUX.O on  Wednesday said quarterly net profit rose 47 percent, helped by  sales of new products like Frappuccino Light, aggressive store  expansion, and an extra week.