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Starbucks Corp (SBUX) Q2 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Starbucks Corp (NASDAQ: SBUX) Operator Good afternoon. My name is Devin, and I'll be your conference operator today. I would like to welcome everyone to Starbucks Coffee Company's Second Quarter Fiscal Year 2021 Conference Call. [Operator Instructions] I would now like to turn the call over to Durga Doraisamy, Vice President of Investor Relations. Ms. Doraisamy, you may now begin your conference.SPONSORED: 10 stocks we like better than�...

Starbucks had a strong quarter with 11% sales growth compared to last year.  The company credits drive-thrus and digital ordering with recovery thanks to their larger ticket sizes. Mobile orders also tend to have more customization, which also helps grow average order size.  Starbucks credited increased drive-thru sales and digital ordering with a strong second quarter on Tuesday, noting that its US stores have made a full sales recovery from the pandemic.  Revenue was up 11% over the same period last year at $6.7 billion. The growth was driven in part by larger tickets, Starbucks says.  ...

The “Great Human Reconnection” starts with a cup of coffee and a hefty dose of AI from Starbucks Read later Audio version Summary: We've been locked up at home for so long that the urge for reconnecting with other human beings has never been stronger. What better than a lazy afternoon in a coffee shop to celebrate the Vaccine Economy? Starbucks CEO Kevin Johnson has been keeping an eye on progress. Coming soon... The “Great Human Reconnection” is underway and Starbucks digital DNA is going to be ready to adapt to the new realities of the Vaccine Economy, says CEO Kevin Johnson, bulli...

More than a quarter of all Starbucks orders in the U.S. are now paid for with a smartphone April 28, 2021 at 10:26 am Outside Starbucks’ Pickup store in New York City that opened this past winter. (GeekWire Photo / Taylor Soper) The news: As part of its fiscal second quarter earnings report, Starbucks said that mobile order transactions now make up 26% of total orders at U.S. company-operated retail stores. That’s up from 18% in the year-ago quarter. Mobile order sales have also doubled in China year-over-year. Why it matters:Starbucks has been encouraging customers to order with its app ...

A desire to support brands with strong values. "Not only have we been adapting to and benefiting from these consumer behaviors, but we also see a clear opportunity to further modernize and reinforce our leadership position, leveraging our strength in technology and predictive analytics as well as the continued transformation of our store portfolio, offering experiences that will drive greater customer loyalty in ways only Starbucks can do, "Johnson said. Digital leading growth Digital sales were the quarter's largest contributor with Starbucks Rewards members making up 52% of U.S. company-op...