Starbucks CEO gives update on store overhaul affecting 1,000 locations

Starbucks is also adding seating and updating stores to make them cozier and more welcoming - (Getty Images)

Starbucks enjoyed a strong fiscal first quarter as holiday drinks and a viral bear cup helped drive sales.

Same-store sales – or sales at locations open at least a year – rose 4% for the October-December period. That was higher than the 2.3% that Wall Street was expecting, according to analysts polled by FactSet.