Starbucks reported record revenue in the April-June period, benefitting from hundreds of new stores and higher prices. FOX13
reported record revenue in the April-June period, benefitting from hundreds of new stores and higher prices.-based coffee giant said its revenue rose 9% to $8.2 billion, a quarterly record. That surpassed Wall Street’s forecast of $8.1 billion, according to analysts polled by FactSet.
New stores, including many more focused on drive-thru and curbside service, are helping sales. The company has opened 298 net new stores in its North America region since June 2021 and 1,355 new stores in international markets.Starbucks workers picket roastery
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