Company
Starbucks Corp
NASDAQ:SBUX
Starbucks Corp is a coffee company engaged in sourcing and roasting arabica coffee. The company has more than 38,000 stores worldwide and is the roaster and retailer of specialty coffee in the world. It operates through three segments: North America, which is inclusive of the United States and Canada; International, which is inclusive of China, Japan, Asia Pacific, Europe, Middle East and Africa, Latin America, and Caribbean; and Channel Development.
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Starbucks stock gets a jolt as coffee giant serves up fiscal 4Q earnings and revenue beat
For fiscal 4Q, the coffee giant reported record revenue of $8.4 billion, up from $8.1 billion in 4Q 2021 and exceeding the consensus analyst expectation of $8.3 billion