Why Starbucks Stock Is Sliding Today

Shares of Starbucks (SBUX -7.02%) were heading lower today as the coffee chain reported disappointing results in its fiscal second-quarter earnings report last evening, though management said it continued to make progress in its turnaround strategy.As of 11:30 a.m. ET, the stock was down 7%. Starbucks' struggles continueComparable sales declined 1% in the quarter with transactions down 2% and a 1% increase in average ticket. Comparable sales were down 1% in North America, but up 2% in international markets, ...