Starbucks beats on the top and bottom line as customers buy up pricier drinks

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Starbucks beats on the top and bottom line as customers buy up pricier drinks
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Shares of Starbucks have fallen about 8% this year, dragging the company's market value down to $104 billion.

StarbucksHere's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Revenue: $9.37 billion vs. $9.29 billion expected

The coffee giant reported fiscal fourth-quarter net income attributable to the company of $1.22 billion, or $1.06 per share, up from $878.3 million, or 76 cents per share, a year earlier.

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