"Back to Starbucks" strategy proves effective! Starbucks (SBUX.US) Q2 earnings surpass expectations across the board: net profit surges 33%, full-year guidance raised
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The earnings report shows that the company achieved strong growth momentum this quarter, with total global net revenue reaching $9.53 billion, an 8.8% year-on-year increase over $8.76 billion in the same period last year. This not only set a new historical record but also exceeded the market expectation of $9.16 billion. Net profit attributable to Starbucks was $510.9 million, a significant 33% increase from $384.2 million in the same period last year.
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