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Core Insights - Starbucks reported mixed results for Q4, with adjusted EPS of 52 cents, missing estimates of 56 cents [1] - Revenue for the quarter was $9.6 billion, exceeding the estimated $9.35 billion, despite ongoing labor investments [2] - Global comparable store sales turned positive, with Q4 comp sales up 1%, better than the estimated decline of 0.3% [2] - North American comp sales were flat, compared to estimates of a 0.9% increase, with a noted decline in transactions [2] - Positive trends were observed in US comps in September, as the company's "back to Starbucks" plan began to take effect [3] - International comp sales also exceeded expectations, with Q4 sales up 3%, and same-store sales in China increased by 2% [3]