Starbucks Shares Jump on Signs of a Turnaround. Is It Too Late to Buy the Stock?
Starbucks (SBUX 0.45%) shares got a boost following its fiscal Q1 earnings as CEO Brian Niccol continues to implement his turnaround plan. While its results topped analyst expectations, the coffee house operator is still seeing same-store sales and traffic declines.Let's take a closer look at Starbuck's most-recent results and turnaround progress to see whether or not it's too late to buy the stock.Same-store sales continue to declineFor the fourth-straight quarter, Starbucks' same-store sales declined. Thi ...