SBUX posts strong U.S. and China sales growth, Stephanie Link notes

SBUX posts strong U.S. and China sales growth, Stephanie Link notes
SBUX beats expectations on U.S. growth

Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights the success of Starbucks' 'Back to SBUX' strategy, pointing to a performance that surpassed high expectations.

The company reported total same-store sales up 6.2 percent, driven by a 7.1 percent increase in the U.S., well above the anticipated 6 percent. International and China segments also beat expectations. Operating margin improved to 9.4 percent from 8.2 percent year over year, indicating gradual operational improvement. Link suggests that the company's earnings per share power of $4 might be understated.

Link has recently noted other strong earnings results. She highlighted that Boeing’s commercial airplanes revenue climbed 13 percent and defense increased 21 percent, with order backlog reaching $695 billion. In a separate update, Link reported that IBM posted solid EPS and revenue growth and achieved $4.5 billion in AI-driven savings since 2023.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.