Starbucks puts up a surprise same-store sales gain — its first in seven quarters
Core Insights - Starbucks Corp. experienced a rise in shares during extended trading after reporting a surprising same-store sales gain for its fourth quarter, marking its first increase in seven quarters [1] Financial Performance - The company reported a same-store sales gain in its fourth quarter, indicating a positive shift in consumer demand [1] Market Reaction - Following the announcement, shares of Starbucks rose, reflecting investor optimism regarding the company's performance [1]