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Reload this Page Starbucks Links Slowing Sales to Housing Downturn
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Old 04-25-2008, 05:21 AM
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Default Starbucks Links Slowing Sales to Housing Downturn
Starbucks executives on Wednesday warned investors that sales are slowing and the company faces the weakest economic environment in its history. They blame the housing market. Sales were especially slow in California and Florida, which account for nearly one-third of the coffee chain's U.S. revenues.

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