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Earnings Whisper ®
4th Quarter September 2017
Revenue: $5.79 Bil
4:05 PM ET
Thursday, July 27, 2017
Starbucks Reports Record Q3 Financial and Operating Results; Company Announces Strategic Actions to Advance Growth Agenda and Increase Returns
What do you expect when SBUX reports earnings?
Where is SBUX's stock price going from here?
Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. In addition to sales through its company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Additionally, Starbucks produces and sells bottled Frappuccino coffee drink and a line of premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company. The company's objective is to establish Starbucks as the most recognized and respected brand in the world.