The coffee chain's outlook suggests operational changes are beginning to improve performance.
Starbucks projected annual profit above market expectations as its turnaround programme showed signs of progress. Investors are watching store traffic, service times and customer loyalty.
The outlook suggests operational changes are beginning to improve expectations, though consumer caution and input costs remain risks.
Source: Reuters headlines via StreetInsider.
Investors focused on cash consumption despite rapid expansion in the cloud business.
Investors weighed resilient growth against the rising cost of the artificial-intelligence build-out.
New applications for unemployment benefits declined to their lowest level since mid-July.
Third-quarter growth accelerated as household spending and business investment remained resilient.
