Markets

Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

Summary

Starbucks shares have advanced approximately twenty-four percent over the course of the year. This upward movement has pushed the market valuation of the coffee giant to roughly one hundred nineteen billion dollars ahead of its upcoming financial results.

Starbucks' U.S. stores topped Wall Street's comparable sales expectations but its international business fell short of estimates.

Source: Read the full story at US Top News and Analysis

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