Starbucks to Report Earnings with Turnaround Progress and Market Expectations
Starbucks is set to report its fiscal second-quarter earnings, with analysts expecting earnings per share of 43 cents and revenue of $9.16 billion. The company has shown early signs of success in its turnaround strategy, including traffic growth for the first time in two years. However, ongoing investments in cafes and labor may continue to impact profits.
Tickers: $SBUX
Topics: earnings expectations loyalty program menu innovation same-store sales Starbucks turnaround strategy