Starbucks earnings top estimates despite China weakness

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Coffee retailer Starbucks (SBUX) has reported fourth-quarter earnings, beating estimates as global same-store sales rose by 8%. David Wagner, Aptus Capital...

David Wagner, Aptus Capital Advisors CFA, Equity Analyst & Portfolio Manager, notes"a pretty clean beat" for Starbucks after figures from its business in China came out better than expected.

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Starbucks Q4 earnings preview: US likely to stay resilient, China remains a wildcardDid the Pumpkin Spice Latte boost sales once again?
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Starbucks beat earnings estimates: US consumer stays resilient, but China pulls backWhile Americans are still shelling out for their pumpkin spice lattes, Chinese consumers are pulling back their spending.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »