Starbucks sales set to drop again as investors wait for turnaround.

Starbucks is set to report its fourth straight quarter of comparable sales decline on Tuesday, in what could be another blow to investors waiting for new chief Brian Niccol’s efforts to turn the tables for the struggling coffee chain.

Niccol, who is four months into his new role at Starbucks, has set forth a raft of measures to improve the coffee chain’s business, which has taken a hit from increased competition and weakening demand in the U.S. and China.

Although, this quarter may not be the one where the company sees the desired results. Starbucks is expected to post a 4.6% fall in comparable store in first-quarter sales, while profit is set to slump about 26%, its fourth straight quarter of declines, according to estimates compiled by LSEG.

Source: FINANCE.YAHOO