Starbucks stock slips after profit forecast misses Street estimates


REINVENTING ITSELF: Starbucks is focusing on expanding its lunch menu, offering booze and rolling out mobile ordering to boost sales and stay competitive.

NEW YORK: Starbucks Corp forecast current-quarter earnings below Wall Street estimates and reported slower growth in Asia than many had hoped, sending its shares down nearly 4 percent in extended trade despite a strong holiday performance. 

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