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Starbucks reports strong quarterly sales and raises annual outlook
['Abc News']
ABC News: Business
Starbucks shares have soared after the coffee giant reported better-than-expected quarterly revenue and profitFILE - A Starbucks sign is seen outside the coffee company's global corporate headquarters, May 11, 2026, in Seattle.
(AP Photo/Lindsey Wasson, File)FILE - A Starbucks sign is seen outside the coffee company's global corporate headquarters, May 11, 2026, in Seattle.
(AP Photo/Lindsey Wasson, File)FILE - A Starbucks sign is seen outside the coffee company's global corporate headquarters, May 11, 2026, in Seattle.
(AP Photo/Lindsey Wasson, File)FILE - A Starbucks sign is seen outside the coffee company's global corporate headquarters, May 11, 2026, in Seattle.
Starbucks said it now expects global same-store sales to grow 6% for its full fiscal year.