Starbucks reports record revenue, but sales still fall short of expectations

Starbucks reported record revenue in its fiscal third quarter as its China business roared back to life. Still, the company’s results were mixed for the 13 weeks ending July 2. While its earnings surpassed Wall Street’s forecast, its revenue and same-store sales were lower than expected as North American store traffic slowed. Starbucks shares were down 1% in after-market trading Tuesday. Same-store sales — or sales at stores open at least a year — jumped 46% in China. At Chinese stores opened in 2019 or earlier, morning routines are fully back to 2019 levels, the company said.

tips

fiscal 财政的

fiscal year 财政年

fisc 国库

roar 咆哮；呼喊

routine 日常工作；常规惯例