Starbucks Earnings: Mark Your Calendar
Though it isn't 2020 quite yet, companies are already putting dates to their first earnings reports for the year. Coffee giant Starbucks (NASDAQ: SBUX) is among the first. The company has scheduled its fiscal first-quarter earnings release for Jan. 28.
Starbucks will have a high bar to live up to when it reports earnings. The company recently closed out an impressive fiscal 2019, with comparable store sales rising 5% year over year, helped by a 3% boost in average tickets and a 1% increase in transactions. A 7% year-over-year increase in its store count helped, too. Then, of course there's Starbucks stock's 35% gain over the past 12 months. With a gain like this in the rearview mirror, investors are pricing in more strong growth in fiscal Q1 and beyond.
Ahead of Starbucks' fiscal first-quarter earnings report next month, here's a look at some of the key areas investors will want to check on.
Source Fool.com
