- Starbucks (SBUX) says its had "stunning" success in the Americas where its 8% comparable store sales growth was driven by a 5% increase in traffic and a 3% boost in average ticket.
- CFO Troy Alstead deftly explains how an increase in food sales won't hurt margins due to the "extremely accretive" nature of adding the items to store.
- Management indicates share repurchases should be on par with the pace that's been seen over the last few years.
- Nothing specific, but Starbucks hints that K-Cup and Via innovation is on tap for 2014.
- Earnings call transcript
Heard during Starbucks' earnings call
Oct 31 2013, 09:20 ET