Thursday, October 31, 2019

Starbucks comp store sales growth beats expectations

Yahoo Finance
Starbucks delivered fiscal fourth-quarter results on Wednesday that met analysts’ expectations, but same store sales growth that exceeded.

The closely-followed same-store sales number came in at 5% globally. In the U.S., Starbucks posted same-stores sales growth of 6% versus expectations of 4.6%, while the China/Asia Pacific business saw an increase of 5% versus expectations of 3.3%. . . . more