Starbucks earnings disappoint as CEO Niccol's strategy hits US roadblocks

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Starbucks earnings disappoint as CEO Niccol's strategy hits US roadblocks - Business Standard

Quick Summary:

The average ticket, or amount spent by customers per visit, was up 3 per cent in the second quarter.

Starbucks will also review its US store portfolio as it rolls out labor-focused technological changes including a pilot program that allows customers to schedule their mobile orders, he said.

The company's international business improved slightly, with sales unchanged in China, its second-largest market, after four straight quarters of decline.