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Starbucks closing cafes; CEO calls performance 'not acceptable'

2018/06/20 01:29:36 @Reuters: Top News

(Reuters) - Starbucks Corp forecast on Tuesday slower sales growth than Wall Street expected this quarter and plans to close about 150 U.S. cafes next fiscal year to boost performance, sending its shares down 2 percent after hours.
[ VIEW FULL COVERAGE @Reuters: Top News ]

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