Starbucks Reports Strong Q2 Results, Raises Price Target
Starbucks reported stronger-than-expected Q2 results, with revenue and earnings surpassing Wall Street estimates. The company raised its full-year outlook, signaling progress in CEO Brian Niccol's turnaround plan. The stock rose 4% in after-hours trading following the report.
Tickers: $SBUX
Topics: Earnings Revenue Growth Starbucks Stock Performance Turnaround Plan