Starbucks’ quarterly results reassure investors with a ‘present me story’


A Starbucks brand at a location in New York on Aug. 17, 2023.

Gabby Jones | Bloomberg | Getty Images

Starbucks (SBUX) delivered an upside shock with its fiscal fourth quarter on Thursday, exhibiting sturdy comparable-store gross sales progress and glorious margin growth — and restoring investor confidence within the espresso maker’s means to achieve its long-term targets.



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