Starbucks climbs on strong earnings, raised full-year outlook

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'Our two targeted long-term growth markets, the U.S. and China, performed extremely well across a number of measures,' said CEO Kevin Johnson.

Starbucks released third-quarter 2019 earnings Thursday that beat analyst expectations. The performance prompted the company to raise its full-year outlook again after raising it in the second-quarter. Shares of the coffee giant rose roughly 6% in after-market trading on the earnings beat. Starbucks has been on an upward tear this year with strong performance and high-profile partnerships with Uber and Brightloom. Watch Starbucks trade live on Markets Insider.

Starbucks released third-quarter 2019 earnings Thursday that beat analyst expectations. The performance prompted the company to raise its full-year outlook again after raising it in the second-quarter. Shares of the coffee giant rose roughly 6% in after-market trading on the earnings beat. Starbucks has been on an upward tear this year with strong performance and high-profile partnerships with Uber and Brightloom. Watch Starbucks trade live on Markets Insider.

 

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