Starbucks Corp at Evercore ISI Consumer & Retail Conference Transcript
All right. Great. Hey, everybody. I'm David Palmer, Evercore ISI. Really excited about this one.
Thanks so much for joining the Evercore Consumer and Retail Conference. I'm pleased to welcome Brian Niccol, Chairman and CEO of Starbucks, to this conference. And congratulations to you and the team so far on many areas of progress from service times to innovation to marketing and loyalty to productivity savings.
Questions & Answers
There's a ton of initiatives, a ton of things for us to talk about. Comps have turned with fiscal second quarter U.S. transactions, growing across all income cohorts, morning back to '22 levels, and operating income and EPS inflecting for the first time in 2 years. So it does make sense when you talk about -- saying that there's been a turn in the turnaround. At this point, I know investors will want to understand if that 7% U.S.
comp we saw last quarter is the start of a durable sales recovery. And of course, I think
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