Starbucks executives told analysts that traffic improved sequentially every month of the quarter.

Shares of Starbucks have risen roughly 1% this year. The company has a market cap of more than $106 billion.

The quarterly results were messy. But CEO Brian Niccol had plenty of good things to say about where the business is headed down the road.

Starbucks executives told analysts that traffic improved sequentially every month of the quarter.