Starbucks Q4 earnings preview: US likely to stay resilient, China remains a wildcard

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Did the Pumpkin Spice Latte boost sales once again?

) is set to report its fiscal Q4 earnings early Thursday morning, and it may be brewing up a tale of two countries.

In the US, same-store sales are expected to be up 6.31%. North America foot traffic is expected to increase 1.45%, with ticket size rising 5.63%, in part due to higher prices and more food orders. In a note to clients, Bernstein analyst Danilo Gargiulo said investors have "expressed skepticism" in Starbucks' "ability to meet management's ambitious goals."

Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'

 

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