Restaurant and coffee powerhouse Starbucks Corp. reported second-quarter financial results after market close Tuesday. Here are the key highlights for investors.
What Happened
Starbucks reported second-quarter revenue of $7.64 billion, which was up 15 percent year-over-year. The quarterly revenue was a second-quarter record for the company and came in ahead of a consensus estimate of $7.6 billion, according to data from Benzinga Pro.The company reported second-quarter adjusted earnings per share of 59 cents, which was in line with estimates.
