
Starbucks Corporation (NASDAQ:SBUX) shares are trading higher by 6.96% to $79.50 during Wednesday’s pre-market session. The company reported better-than-expected second-quarter sales during Tuesday’s after-hours session.
Starbucks reported quarterly earnings of 59 cents per share which met the analyst consensus estimate. The company also reported quarterly sales of $7.64 billion which beat the analyst consensus estimate of $7.60 billion.