Starbucks Reports First Quarterly Revenue and Earnings Growth in Over Two Years
Starbucks reported its first quarter of revenue and earnings growth in over two years, validating CEO Brian Niccol's turnaround plan. The company's shares surged to their highest price in over a year, driven by improved customer experience and increased loyalty. Same-store sales grew more than 6%, with strong performance in the U.S.
Tickers: $SBUX
Topics: Earnings Growth Starbucks Stock Price Movement Turnaround Plan