97% drop in profit this quarter, next quarter a loss..
If they had a 97% drop in this past quarter, don't you think next quarter they will have a loss as retail the past quarter wasn't that bad compared to this current quarter. As I have said in prior posts, not surprised as MCD's has gotten much better and SBUX "experience" has gone downhill with dusty drab stores and drinks not as good as in past.
Starbucks coffee is the most overrated coffee on the entire planet.. basically, it plain sucks. I never did understand the "experience" other than walking out with a cup of fertilizer and $3.50 poorer. I'm surprised it took this long for people to figure out.