Starbucks storefront MG PHOTOGRAPHY LLC

Starbucks warns of sales slowdown

After a strong spring, chain’s afternoon business weakened into July

Starbucks Corp.’s U.S. same-store sales increased 5 percent in the company’s fiscal third quarter ended July 2, as customers bought more lunch and spent more on the chain’s beverages.

But those sales slowed through the quarter and into July, prompting worries among analysts and investors that the chain is either overbuilt or that competitors like McDonald’s Corp. are taking its business. 

The company’s sales caution sent Starbucks’ stoc

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