Starbucks claims that their Frappuccino sales are down because of a new trend.
Starbucks CEO Kevin Johnson stated in a presentation to investors that Starbucks' Frappuccinos are "oftentimes more indulgent beverages-higher in sugar, higher in calories." He says this could be the reason sales are down, as people are try to stay healthy.
Frappuccinos account for around 11 percent of the company's US revenue.
A medium Frappuccino costs between $4 and $5. The calorie count varies.
Rival chains, such as McDonald's and Dunkin' Donuts, may also be stealing some of the Frappuccino's success.
- Starbucks claims Frappuccino sales are down
- What does tie-dye taste like? Find out with Starbucks' new Frappuccino
- Starbucks changes bathroom policy
- Starbucks closing thousands of stores
- Starbucks will stop selling newspapers
- Philadelphia Mayor says Starbucks 'contrite' over arrests
- Starbucks adds Witch's Brew Halloween drink
- Starbucks' new store concept: Pick-up only
- Starbucks opens its biggest store ever
- Philadelphia's top cop apologizes to black men arrested at Starbucks