Starbucks Q1 Results
Starbucks posted mixed Q1 results as traffic growth returned but profits fell due to turnaround costs and higher coffee prices, sending shares higher premarket.
Starbucks posted mixed Q1 results as traffic growth returned but profits fell due to turnaround costs and higher coffee prices, sending shares higher premarket.
In a presentation to investors, the company said it expects to open up to 175 new U.S. coffee shops this year and about 400 in 2028.
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