From CNBC: 2025-01-28 21:04:16

Starbucks exceeded expectations with its quarterly results, causing shares to rise in after-hours trading. While same-store sales declined for the fourth consecutive quarter, CEO Brian Niccol’s strategy showed early signs of progress. Revenue was $9.4 billion, beating analyst estimates, with adjusted EPS of 69 cents. The company is making positive changes to improve growth and customer experience.



Read more at CNBC:: We’re increasing our price target on Starbucks after CEO Brian Niccol shows signs of progress