2 Reasons Investors Poured Cold Brew All Over Starbucks Stock Following Earnings

·4-min read
2 Reasons Investors Poured Cold Brew All Over Starbucks Stock Following Earnings

At first glance, one might have thought that the Starbucks (NASDAQ: SBUX) earnings report would go over like a hot, smooth jolt of espresso. The company experienced massive year-over-year sales increases and even reported 10% comparable sales growth over two years, signaling a recovery from the pandemic. The fact that operating expenses grew by only 22% during that period helped Starbucks deliver a profitable quarter.

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