Starbucks quarterly earnings beat was fueled by higher prices. Here’s how to play the stock

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  • 2 min. at publisher
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  • News: 10%
  • Publisher: 72%

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Pros on CNBC discussed Starbucks after the company reported fiscal Q4 earnings that beat on both earnings and revenue.

Market Movers rounded up the latest reactions to Starbucks from investors and analysts.

The pros, including Jim Cramer , discussed the coffee giant after it released fiscal fourth-quarter results that exceeded expectations. U.S. and North American same-store sales jumped 8% as customers purchased costlier beverages. Starbucks closed the trading session up 9.5% and is held in Cramer's Charitable Trust portfolio.

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