Starbucks quarterly earnings beat was fueled by higher prices. Here’s how to play the stock
November 2, 2023
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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.