Will Robust Comps Growth Drive Starbucks (SBUX) Q1 Earnings?

Starbucks Corporation (SBUX) is scheduled to report first-quarter fiscal 2024 results on Jan 30. The company is likely to have benefited from robust same store sales growth, unit expansion, new menu addition and strong digitalization.Comps Growth Likely to Continue in Q1SBUX’s performance in the fiscal first quarter is likely to have been aided by robust comps growth. An increase in average ticket and comparable transaction continues to aid the company.Sales leverage initiatives, new store growth, and new e ...