On-Fire Starbucks Stock Is Up an Impressive 20% So Far in 2019

2019-4-27 03:58

By CCN: Starbucks continues to crush it globally, delivering another quarter of strong earnings growth, on the backs on impressive same-store sales growth. Global comparable store sales increased 3%, driven by a 4% increase in domestic average ticket, and 2% in China/Asia Pacific.

Starbucks’ stock raced to a new high as investors welcomed a stronger-than-expected earnings performance and solid guidance. Long-Term Gains for Starbucks Stock The fact that Starbucks same-store sales had 4% growth in the United States, even after all these years, is a miracle. Note that the increase came on the backs of pricing power alone, not increased

The post On-Fire Starbucks Stock Is Up an Impressive 20% So Far in 2019 appeared first on CCN

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starbucks stock sales growth impressive backs earnings

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