July 26, 2018 / 8:12 PM / in 25 days

Starbucks' quarterly growth slips on competition, waning customer enthusiasm

NEW YORK, July 26 (Reuters) - Starbucks Corp on Thursday reported quarterly same-store sales rose 1 percent globally and in its U.S. cafes, while growth in the once-robust China market slipped 2 percent amid fierce competition and stricter regulations on delivery services.

Starbucks, the world’s biggest coffee retailer, said a 3 percent increase in average tickets drove the rise in same-store sales for its fiscal third quarter.

Reporting by Alana Wise Editing by Leslie Adler

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