Starbucks has been seeking to give to its sagging stock what it hands to customers worldwide across the world every day: a refreshing, caffeinated ‘pick me up.’ Fortunately, its efforts seem to be making headway. Unfortunately, that espresso might take some time to kick in.
Starbucks is up 4% after the market close after beating on top- and bottom-lines. Here are the results for the quarter:
- Revenue: $9.5 billion
- Earnings per share (EPS): 50 cents adjusted
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