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Starbucks quarterly revenue report results [Video]

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The company said there were some bright spots.

SEATTLE — Starbucks’ revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China.

But the Seattle coffee giant expressed optimism Tuesday that successful new products and improvements in efficiency — including faster drive-thru service and better equipment — will help turn things around in its next fiscal year, which begins later this fall.

“We are focused on what we can control in a consumer environment that can best be described as ‘complex,’” Starbucks CEO Laxman Narasimhan said during a conference call with investors.

Narasimhan said consumers in many markets have gotten more cautious with their spending and are staying home. Starbucks’ comments mirrored those at McDonald’s, which said earlier this week that its same-store sales fell 1% in the April-June period.

Starbucks’ same-store sales — or sales at locations open at least a year — fell 3%. That was slightly higher than the 2.7% …

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