Tuesday, April 30, 2019

Starbucks posts strong Q2 growth, boosted by U.S. and China sales

U.S. coffee chain Starbucks announced Thursday that its net revenues increased 5 percent to $6.3 billion in the fiscal second quarter of 2019 over the same period of last year.

During the quarter, Starbucks’s same-store sales went up 3 percent globally, driven by a growth of 4 percent in the United States and 3 percent in China.. . . more