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Starbucks Surprises with Strong Sales | Raleigh News

Starbucks Surprises with Strong Sales | Raleigh News

Published 1 week, 6 days ago
Description

Starbucks just crushed it—beating revenue and profit forecasts with a 7.9% global same-store sales surge, way above Wall Street’s 5.7% guess. They’re now projecting 6% full-year growth and bumped EPS to $2.55–$2.65, up from $2.25–$2.45. Customers are spending more per visit, fueled by hits like the S’mores Cold Brew and their cozy store remodels (over 1,000 revamped in North America, 500 more coming). Even with a slight revenue dip from selling China stake and tariff costs, net income jumped 87% and adjusted EPS smashed expectations.

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