Starbucks Earnings: 3 Trends to Watch
Starbucks (NASDAQ: SBUX) will announce results for its fiscal fourth quarter after the market closes on Thursday, Nov. 2. Here are the key trends investors will be looking for in the report.
Starbucks put up a few impressive operating and financial numbers last quarter. The company added 575 new stores to its sales base while posting an uptick in the growth rate at its existing locations. However, one critical number is headed in the opposite direction, and that slump is pushing comps results below management's expectations this year.
2017 is through fiscal Q3. Data source: Starbucks filings.
Source: Fool.com
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