Starbucks (SBUX +2.7%) outperforms ahead of today's FQ3 report. Whole Foods' results are fueling...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Starbucks (SBUX +2.7%) outperforms ahead of today's FQ3 report. Whole Foods' results are fueling optimism that food and beverage spending among upscale U.S. consumers remains strong. The Street will be paying close attention to Starbucks' coffee costs (contracted at higher prices, but expected to decline going forward), and the performance of its EMEA ops, which saw a 1% sales decline last quarter.