Starbucks cuts sales forecast after growth slows

NEW YORK (AP) — Starbucks has trimmed its sales forecast after revenue came in lighter than expected in the most recent quarter.
The Seattle-based company said Thursday global sales rose 4 percent at established locations, including in its flagship U.S. market, for its fiscal third quarter. It now expects the figure to increase in the mid-single digit percentages for the year. It previously forecast growth to be “somewhat above” that range.
The results come after the chain reva