Starbucks said U.S. same-store sales rose 7.7%, beating expectations as CEO Brian Niccol touted progress in the coffee chain’s turnaround. The company plans to resume share buybacks, while a shift in China clouds its growth outlook; its stock was moving lower despite the sales result.
Reporting from 2 identified publishers across this event arc.
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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