The Traderszone Network

Published in TZ Latest News 23 April, 2015 by The TZ Newswire Staff

Starbucks shares get a jolt as Q2 sales top estimates

Starbucks Corp said on Thursday sales at its coffee shops in the Americas region grew more than expected, calming concerns about cooling growth and sending shares up 4.4 percent in after-hours trading. Sales at Starbucks shops open at least 13 months were up 7 percent in the Americas region for the fiscal second quarter that ended March 29. Starbucks’ Americas region contributes the majority of company revenue.

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