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Starbucks outlines dual market approach for U.S. and China

Morning daypart grows while afternoon slides amid slowing Frappuccino sales

The United States and China will remain the key markets for Starbucks Corp. for the foreseeable future, the Seattle-based company’s CEO, Kevin Johnson, told investors during a conference call announcing third quarter earnings, which included 1 percent growth in same-store sales in the U.S. and a 2 percent drop in China comps.

Correction: July 30, 2018
This story has been updated to clarify that Starbucks' revenue was $6.3 billion for the quarter ended July 1, not the year.

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