Starbucks Shares Climb After Latest Earnings Report

Shares of Starbucks Corporation (NASDAQ: SBUX) edged higher following the release of its fiscal third‑quarter results, signalling cautious optimism from investors despite persistent challenges. The company reported global same‑store sales up 1% year‑over‑year — its first positive reading in nearly two years. Revenue for the period reached approximately $9.57 billion, topping analyst expectations by around 2.6%. However, the upside in sales came amid considerable headwinds: adjusted earnings per share fell short of consensus estimates and were down significantly from the prior year. The company is deep in a turnaround phase, one that involves store closures, operational investments and heightened cost pressures — raising questions about how soon profitability can sustainably recover. While investors appear willing to reward early signs of recovery, the message remains that patience will be required. #Starbucks #Turnaround #EarningsReport #RetailStocks #SlimScan #GrowthStocks #CANSLIM