Starbucks says turnaround is on track, but quarterly earnings and sales fall short

Starbucks' sales are on the upswing again, with the company reporting its first quarterly sales increase in more than a year in the January-March period. But the coffee giant said Tuesday that its turnaround effort is far from complete, and its fiscal second quarter also saw lagging store traffic and lower-than-expected earnings. Javascript is required for you to be able to read premium content.

Please enable it in your browser settings..