Starbucks Sales Beat in Key Regions Even as China Growth Crawls

(Bloomberg) -- Starbucks Corp. has put its recent sales slump behind it, beating analyst estimates in the key Americas and Asia-Pacific regions in its first quarter.

• Comparable sales -- a key metric for retailers -- rose 4 percent in the Americas. Same-store sales in China gained 1 percent, marking the second straight quarter of growth after a rare decline last spring sparked concerns about the region and weighed on the shares.

Key Insights

Market Reaction

• The shares climbed as much as 4 percent in late trading in New York are little changed so far this year through Thursday’s close.
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