Starbucks Corporation (NASDAQ: SBUX)reported its second-quarter fiscal 2018 earnings results after market close on April 26, with a 14% jump in global revenues to $6 billion, and adjusted earnings up 18% to $0.53 per share. These were some of the company's best-ever results. But another quarter of lukewarm same-store sales growth (it came in at 2% globally), along with weaker operating results that generated a paltry 1% GAAP profit increase, left investors wanting more.
The Details Matter in Starbucks Corporation's Earnings Report
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