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Anushka Dutta

Starbucks (SBUX) Earnings Preview - Buy or Sell?

SBUX Starbucks Starbucks Corporation

Starbucks Corporation (SBUX), a multinational coffee company and coffeehouse chain, is set to report its fourth-quarter financials on November 2. The third quarter (which ended on July 2) saw a significant spike in the company's sales within the Chinese market, whereas North America experienced more muted results.

Comparable store sales showed a growth of 10%, missing the StreetAccount estimates that predicted an increase of 11%. In addition, comparable store sales expansion within North America was reported at 7%, falling short of the estimated expectation of 8.4%.

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US supreme court sides with Republicans on rejecting student IDs in New Hampshire midterms

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The Guardian - US

One subscription that gives you access to news from hundreds of sites

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