Starbucks shares slide after preliminary results show sales fell again

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Starbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again.The company's preliminary net sales fell 3% to $9.1 billion. It reported preliminary adjusted earnings per share of 80 cents.Analysts surveyed by LSEG were expecting the company to report fiscal-fourth quarter earnings per share of$1.03 and revenue of $9.38 billion.Starbucks' same-store sales fell for its third consecutive quarter. Wo ...