Starbucks reports weak quarterly results despite arrival of Pumpkin Spice Latte
Even the return of the iconic Pumpkin Spice Latte to American stores on August 22, typically a surefire crowd-puller, failed to make a significant impact. Over in China, the situation was bleaker, with a 14% fall in same-store sales as customers either tightened their belts or opted for less expensive alternatives, according to Starbucks.