Today, Fool.com analysts Ron Gross, James Early, and Joe Magyer join Chris Hill to look at Starbucks' incredible quarter. Post-earnings shares were up 10% on strong same store-sales.
As Ron points out, the company was more promotional this quarter than in the past, which can be a risk to margins, but on the whole the company is still performing very well.
In addition to raising guidance, the company also announced that it'll add 1,300 stores in the next year.
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The article 1 Incredible Company's Record Quarter originally appeared on Fool.com.
Chris Hill, James Early, Joe Magyer, and Ron Gross have no positions in the stocks mentioned above. The Motley Fool owns shares of and has options on Starbucks. Motley Fool newsletter services recommend Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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