- Analyst Nick Setyan says checks indicate same-store sales growth is "ahead of expectations," thanks to La Boulange's baked goods, "throughput initiatives," and new beverages.
- Both U.S. and international mementum is deemed healthy. Checks at 5% of U.S. co-owned Starbucks (SBUX) stores point to same-store sales growth north of 7% vs. a consensus of 6.8%.
Wedbush starts Starbucks at Outperform after the bell
Sep 4 2013, 18:09 ET