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BTCC / BTCC Square / Global Cryptocurrency /
Starbucks Shares Rally on Strong North America and China Sales Performance

Starbucks Shares Rally on Strong North America and China Sales Performance

Author:
Global Cryptocurrency
Published:
2026-01-28 18:16:02
18
2
BTCCSquare news:

Starbucks Corporation (SBUX) saw its stock climb 1.9% to $97.54 during Thursday's session, buoyed by stronger-than-expected sales growth in its two largest markets. The coffee chain posted a 4% increase in North American same-store sales, driven by a 3% rise in customer traffic and modest price increases. Revenue for the region reached $7.3 billion, reinforcing Starbucks' market dominance.

China's post-pandemic recovery proved particularly impactful, contributing significantly to the company's global revenue beat. The dual strength across these key geographies validates management's turnaround strategy and suggests sustained momentum. Early trading saw shares spike above $102 before settling into consolidation NEAR current levels.

|Square

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