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.
Tamara Rutter owns shares of Starbucks. The Motley Fool recommends Starbucks. The Motley Fool owns shares of Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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