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Tailwinds Jim Cramer Sees for Starbucks After Earnings

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Starbucks  (SBUX)  reported non-GAAP earnings per share of 62 cents on revenue of $6.67 billion. The company had been expected to report earnings of 53 cents a share, on sales of $6.8 billion, based on a FactSet survey of 30 analysts.

"Our second quarter results demonstrated impressive momentum in the business with full sales recovery in the U.S.," said Kevin Johnson, president and CEO of Starbucks, in a statement. "We have positioned Starbucks for the inevitable great human reconnection that we see unfolding in the U.S. and will propagate in every market around the world … Starbucks was built for this moment."

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