Starbucks Stock Rises On Mixed Q4 Earnings: 'It's Clear That Our Turnaround Is Taking Hold'

Starbucks posted Q4 revenue of $9.57 billion, topping expectations despite slightly weaker earnings at 52 cents per share. CEO Brian Niccol said the company’s “Back to Starbucks” strategy is fueling a turnaround, with international sales up 3% and shares rising 1.8% in after-hours trading.