Starbucks Corp
SBUX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Qv | LOCK|zS | LOCK|%>bhR@^ |
Starbucks Earnings: Comparable Sales Strength Buoys Profit Improvement; Shares Rich
In the third quarter, Starbucks posted 8.1% North American comparable sales growth, driven by 4.5% and 3.5% lifts in transactions and checks, respectively. Largely due to sales growth, North American operating margin, excluding tariff refunds, expanded 100 basis points to 13.4%.
