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Starbucks Foot Traffic Outpaces Others, Says Hottovy

Source: Bloomberg

Corporate EarningsConsumer Demand & RetailAnalyst Insights

Starbucks' U.S. comparable sales rose 7.7% in the fiscal quarter, while earnings of 80 cents per share beat estimates. Analyst R.J. Hottovy said foot traffic is outpacing competitors and customers are confident they can get drinks quickly.

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