Tag: starbucks sales

On Thursday, after the market closes, Starbucks (SBUX) will report its financial results for the first quarter of its fiscal year 2023. Optimism regarding China's reopening and the continued devotion of US consumers to their coffee habits have contributed to a more than 12% increase in Starbucks stock price over the past year. Using estimates provided by StreetAccount, the financial markets anticipate that the coffee giant will report same-store sales growth of 10.1% in North America. Second-Largest Market In China Strike activity from unionized Starbucks employees increased in November and December, but...