Starbucks Reports Stabilizing US Trends and Mixed International Outlook in Earnings
Starbucks is set to report its fiscal second-quarter earnings on April 28, with analysts noting stabilizing US demand and mixed international performance, particularly in China. Jefferies expects US same-store sales to rise 4%, slightly above forecasts, but remains cautious about sustaining growth due to macroeconomic pressures and competition. UBS is more optimistic, raising its US same-store sales forecast to 6%.
Tickers: $SBUX
Topics: Analyst Outlook Earnings International Growth Starbucks US Market