The C.E.O., Brian Niccol, said the coffee chain’s turnaround was in progress, and sales in China increased for first time in more than a year.

Starbucks reported a bigger-than-expected fall in third-quarter global comparable sales on Tuesday, as the coffee chain operator grappled with waning demand in a cautious consumer spending environment.

Stock Brewed Too Rich, Dividend Might Get Steamed Starbucks Lost Its Moat, Now Comes The Repricing Starbucks: Strategy Might Take A While To See Its Results Starbucks turnaround showing signs of traction;