Starbucks Reports Strong Q2 Sales Growth and Operational Improvements Under CEO Brian Niccol
Starbucks reported Q2 adjusted EPS of $0.50, exceeding expectations by 14%, with global comparable store sales rising 6% due to increased transactions and ticket prices. CEO Brian Niccol's turnaround strategy has driven the first sustained sales acceleration in seven quarters, leading to a 9% stock price increase.
Topics: CEO Brian Niccol Comparable Store Sales Q2 Earnings Starbucks Stock Performance