Starbucks beats Q3 forecasts, raises full-year projections

Earns Starbucks

Based on the strong results, the Seattle-based coffee giant raised its full-year earnings guidance. It now expects adjusted earnings of $2.80 to $2.82 per share, up from $2.75 to $2.79. It also said it expects global same-store sales growth of 4 per cent, which is at the higher end of its previous forecast.

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