What You Missed From Starbucks' Earnings Call
Starbucks (NASDAQ: SBUX) just gave investors some new reasons to feel optimistic about the stock. The coffee giant returned to global sales growth in the fiscal second quarter and is gearing up for a likely surge in customer traffic as the pandemic threat recedes later in 2021.
In a conference call with Wall Street analysts, CEO Kevin Johnson and his team discussed that improving demand picture, and they outlined why Starbucks might be a standout performer during the restaurant industry's gathering rebound.
Let's look at some highlights from that presentation.
Source Fool.com
