Starbucks Corporation (SBUX) Stock: Q3 Comparable Sales Rise 7.9% as North America Revenue Reaches $7.4 Billion

TLDR Starbucks global comparable sales rose 7.9% as customer traffic strengthened. North America revenue climbed 7% to $7.4 billion on stronger overall store demand. GAAP earnings per share jumped 86% to $0.91 during the fiscal third quarter. International margins widened sharply despite lower revenue after the China deal. SBUX gained 6.83% after hours as stronger [...]

The post Starbucks Corporation (SBUX) Stock: Q3 Comparable Sales Rise 7.9% as North America Revenue Reaches $7.4 Billion appeared first on Blockonomi.