Starbucks' Earnings Report on April 28: Focus on U.S. Transactions Growth
Starbucks reported a 6% year-over-year revenue increase and 4% comparable-store sales growth in its fiscal first quarter. Investors are advised to focus on U.S. transactions growth in its upcoming second-quarter earnings report on April 28, as it indicates customer engagement rather than just price increases. The stock has risen 1.76% in recent trading.
Tickers: $SBUX
Topics: comparable-store sales recovery revenue growth Starbucks transactions growth