8 days ago • Posted by William Ramstein

Starbucks expects sales to bolster as stores reopen

Starbucks has said that global same store sales grew 15% YoY. It now sees annual earnings of $2.65 to $2.75 a share, up from $2.42 to $2.62 previously. Starbucks and Nestle now work hand in hand to produce capsules for the Swiss company's coffee brewing home machines. Nestle also saw its best quarterly sales growth in almost a decade.

Source: WSJ