Starbucks is set to announce its fiscal first-quarter earnings with analysts expecting earnings per share of 59 cents and revenue of $9.67 billion. The coffee chain had a successful holiday season, with same-store sales projected to increase by 2.3%. Shares have dropped over 3% in the past year, reflecting investor concerns about its turnaround. CEO Brian Niccol’s strategy will be detailed at an investor day in New York City.
Read more at CNBC: Starbucks is about to report earnings. Here’s what to expect
