Investors Watch Starbucks Ahead of Earnings

Coffee lovers keep buying lattes, and Wall Street is watching closely. Starbucks steps up to report its latest earnings this week. The coffee chain wants to prove its business remains healthy.

Shares of Starbucks gained about 24 percent this year. That rise lifted the total market value of the company to nearly $119 billion. Investors cheered the steady climb over the past few months.

Now, the company must show that customer visits remain strong. High store traffic and solid sales will help keep the stock moving forward. Everyday investors should watch how much customers spend on their daily cup.

Source: CNBC