Starbucks Corp. is scheduled to report fiscal second-quarter results after the market closes on Thursday. Here’s what you need to know:EARNINGS FORECAST: Analysts polled by FactSet expect profit of 45 cents per share, compared with the 39 cents per share Starbucks reported a year ago. SAME-STORE SALES AND REVENUE FORECAST: Analysts are expecting Starbucks to post a 3.7% increase in global same-store sales for the quarter. The company is expected to report $5.4 billion in revenue, up from $4.9 billion a year ago. WHAT TO WATCH:—THE U.S.: Executives...
Source: Wall Street Journal April 26, 2017 17:26 UTC