Starbucks CEO says the 'Back to Starbucks' turnaround is starting to click — but one key metric still needs work
Did you order this extra fancy Starbucks drink? It could be off the menu!
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- Starbucks stock was up on Wednesday following the company's Q1 earnings release.
- The coffee giant reported 4% same-store sales growth, driven by higher average ticket sizes and transaction volume.
- CEO Brian Niccol said the momentum shows that more customers are visiting more often.
Starbucks' earnings report on Wednesday showed a first-quarter win, and its stock rose in response.