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The company said that comparable sales, a metric that strips out the impact of recently opened or closed stores, rose 7.1% in the United States last quarter.
Starbucks U.S. comparable sales rose 7.1% last quarter, exceeding analyst expectations by over 2 percentage points.
KEY POINTS
- Starbucks invested $500 million in increased staffing, training, and store upgrades to address in-store issues.
- 95% of Starbucks employees get preferred schedules, and 98% of shifts are now filled.
- Baristas can receive up to $1,200 annually in new store performance-based bonuses.
- Starbucks' recent menu innovations, like protein-boosted drinks, are significantly contributing to its sales recovery.
COMPANIES
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