Starbucks Foot Traffic Outpaces the Competition, Says Hottovy
R.J. Hottovy, head of analytical research, says foot traffic at Starbucks is outpacing the competition and he says customers are confident they can get a drink quickly. Comparable sales in...
By Bloomberg Markets · Bloomberg Markets
R.J. Hottovy, head of analytical research, says foot traffic at Starbucks is outpacing the competition and he says customers are confident they can get a drink quickly. Comparable sales in the US were up 7.7% in the fiscal quarter as earnings of 80 cents a share beat estimates. (Source: Bloomberg)