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Starbucks quarterly earnings beat was fueled by higher prices. Here’s how to play the stock

Garry Wills by Garry Wills
November 2, 2023
in Business Finance
Starbucks quarterly earnings beat was fueled by higher prices. Here’s how to play the stock
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Market Movers rounded up the latest reactions to Starbucks from investors and analysts. The pros, including Jim Cramer , discussed the coffee giant after it released fiscal fourth-quarter results that exceeded expectations. U.S. and North American same-store sales jumped 8% as customers purchased costlier beverages. Starbucks closed the trading session up 9.5% and is held in Cramer’s Charitable Trust portfolio.

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