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Starbucks, financial report better than expected

Record trimester at more than 8 billion dollars, 9% rise

Starbucks reported results exceeding expectations for the fiscal third quarter ended July 3, 2022. Sales of coffee drinks helped push the coffee giant's revenue to a quarterly record of $ 8.2 billion, or more than $ 8 billion euros, up 9%. Shaken cold espresso and cold drinks accounted for three-quarters of US sales and are increasingly popular with Gen-Z customers, key customers for the coffee chain.Earnings...

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EFA News - European Food Agency
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