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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.