As the COVID-19 pandemic ravaged the world, it also felled many restaurants and retail operators in its wake. Retail operators and restaurants worldwide have suffered from unprecedented difficulties, including new variants of the virus affecting consumer demand, government restrictions keeping outlets closed, or a reduction in footfall. Now, it seems inflationary pressures and supply chain issues could further hamper operations. What about coffee retailer Starbucks (SBUX)? The company’s net revenues soared 31.3% year-over-year in fiscal Q4 to $8.1 billion, but fell short of the consensus estimate of $8.2 billion.
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Starbucks (NASDAQ:SBUX)
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Starbucks (NASDAQ:SBUX)
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