Starbucks Corp. (SBUX) announced fourth quarter EPS of $0.24 after the bell Thursday, which topped the consensus estimate of $0.21. The company also raised its full year 2010 EPS growth forecast to between a 15% and 20% increase from 2009, from prior expectations of a increase between 13% and 18%.
Starbucks Corp. gapped open higher Friday and climbed further late in the morning. The stock closed higher by 1.42 at $21.12 on the highest volume in over 3 months. Starbucks rose past resistance and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.