3 Takeaways From Starbucks' Q4 Earnings
Starbucks (NASDAQ: SBUX) last week reported fiscal 2020 fourth-quarter adjusted earnings per share of $0.51 on revenue of $6.2 billion, higher than consensus projections of $0.31 on $6.1 billion. The company saw an accelerated recovery in two of its fastest-growing markets: the U.S. and China. It's also adapting well as customers' purchasing patterns changed this year due to COVID-19.
Those are the top-level results from the quarter, but there were some additional details in the earnings report that investors might find useful when deciding whether to buy stock in this international coffeehouse chain. Here's a more detailed look at three more things you should know about Starbucks' latest quarter.
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Source Fool.com
