Starbucks CEO: "We Were Built for This Moment"
Starbucks' (NASDAQ: SBUX) latest earnings report contained encouraging signs of a rebound, even though a profit recovery may take longer than investors had hoped. That was the main takeaway from the coffee giant's holiday quarter results from late January.
In a subsequent conference call with Wall Street analysts, CEO Kevin Johnson and his team broke down the latest results and explained why they're still optimistic about a sharp growth spike building over the next few quarters as the pandemic threat ends.
Let's look at some highlights from that presentation.
Source Fool.com
