Has Starbucks Stock Found Its Shot of Espresso?

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 In the avalanche of earnings last night, including reports from Alphabet (GOOGL) - Get Report and Amazon (AMZN) - Get Report , it was easy to miss what was brewing at Starbucks (SBUX) - Get Report .

Starbucks reported adjusted earnings of 78 cents a share and revenue of $6.8 billion. Comparable store sales in the U.S. rose 7 percent.

It also saw same-store sales rise 6% in China, despite new competition from Luckin Coffee (LK) - Get Report .

Starbucks soared following the report, but can the stock stay caffeinated.

Filling in for Jim Cramer, who has the day off, Real Money's Kevin Curran broke down his biggest takeaway.

"I mean I think that's a really good stock. Pretty much everything that they're talking about on their earnings calls, they're hitting on. I mean, talk about rewards programs and I think one of the most important things is China. One of the headline risks for them was saying if they're going to be patriotic consumers in China that aren't necessarily gonna pick up on Starbucks products, you have Luckin coffee in the region as well. But they're doing really well," said Curran.

Watch Curran sip into the report in the video above.