business / news / / The Independent
Starbucks announced better-than-expected sales results for its fiscal second quarter.
Starbucks reported global same-store sales growth of 6.2%, beating the expected 4% increase.
KEY POINTS
- U.S. same-store sales rose 7%, outpacing overall global growth for the quarter.
- Recent customer experience improvements included increased staffing and technology-driven order optimization.
- Starbucks' store closures and layoffs last year enabled reinvestment into service-enhancing initiatives.
- Second quarter revenue reached $9.5 billion, exceeding the analyst consensus of $9.2 billion.
COMPANIES
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