5 Key Takeaways From Starbucks Latest Earnings Call

Starbucks reported record earnings yesterday after the market closed. Here’s what investors need to know about the future of Starbucks.

Tamara Walsh
Tamara Walsh
Jul 28, 2014 at 3:00PM
Consumer Goods

Starbucks (NASDAQ:SBUX) trounced Wall Street's expectations when it reported earnings for its fiscal 2014 third-quarter. The world's largest coffee chain generated a record third quarter profit of $0.67 per share, up a whopping 22% from a year ago. Revenue also impressed, climbing 11% to $4.2 billion in the quarter . The stock is up nearly 4% so far this year . However, there could be more upside from here thanks to Starbucks growing mobile business, new product innovations and day part penetration. Check out the presentation below to discover 5 key takeaways from Starbucks recent earnings call.