Starbucks fell more than 12% before the market, Q2 performance fell short of expectations

Gelonghui May 1| Starbucks (SBUXportablepokertable.US) U.S. stocks fell 12.1% to $77.78 before the session. In the news, Starbucks same-store sales fell 4% in the fiscal second quarterportablepokertable; U.S. same-store sales fell 3% in the fiscal second quarter, and analysts expected a growth of 2.31%; second-quarter revenue fell 1.8% year-on-year to US$8.563 billion; second-quarter adjusted earnings per share were US$0.68, lower than analysts 'expectations of US$0.80.