Coffeehouse chain Starbucks Corporation (SBUX) has posted mixed Q4 results, as the company beat earnings but lagged revenues estimates. Meanwhile, the shares of the company dropped 4.2% to close at $108.50 during the extended trading session on Thursday. Starbucks reported quarterly net revenues of $8.1 billion, up 31.3% year-over-year. However, the figure failed to surpass the consensus estimate of $8.21 billion. A 32.7% year-over-year growth in net revenues from company-operated stores and a 45.9% rise in net revenues from licensed stores drove the company's total net revenue growth. The company reported earnings per share (EPS) of $1, up 96.1% year-over-year, marginally surpassing the consensus estimate of $0.99.
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