Starbucks stock is popping after meeting ‘a high bar’

Starbucks stock is popping after meeting ‘a high bar’

Wall Street is sipping on Starbucks shares after a better than expected quarter sparked optimism on a broader rebound in the business next year.

Starbucks stock gained 3% in premarket trading on Friday as fiscal fourth quarter sales, U.S. same store sales and profits handily beat analyst forecasts. The coffee giant had one of the Top 10 most visited ticker pages on Yahoo Finance ahead of the opening bell.

On a call with analysts, execs stuck with upbeat guidance for earnings growth of 15% to…


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