Starbucks posts profit beat, sales jump
Global sales at cafes open at least 13 months jumped 9 percent. That beat the 7.7 percent gain analysts, on average, expected, according to Thomson Reuters data.
The Seattle-based company reported fiscal first-quarter profit of 50 cents per share, a penny better than analysts' average forecast, according to Thomson Reuters I/B/E/S.
(Reporting By Lisa Baertlein in Los Angeles; editing by Andre Grenon)