Starbucks Corp

SBUX: XNAS (USA)
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Starbucks Earnings: Turnaround in Early Stage as Q2 Disappoints; Shares Slightly Undervalued   

Starbucks grew sales by 2% in the second quarter as its global comparable sales decline of 1% was more than offset by store expansion. Adjusted operating margin fell 450 basis points to 8.2%.

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