Tuesday September 22, 2020

Starbucks posts strong fourth quarter results

6th November, 2016
2
Starbucks’ profits rose to $801 million in its Q4

American coffee drinkers helped Starbucks post a strong performance in the fourth quarter. The coffee chain’s profits rose to $801 million in its fourth quarter, which ends at the end of September, after sales jumped 16 per cent.

“Starbucks record Q4 and fiscal 2016 financial and operating results in the face of ongoing economic, consumer and geopolitical headwinds, and the significant investments we continue to make in our people and our business, once again demonstrate...

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