Starbucks Beats Earnings Expectations, Reports Record Revenue
- Starbucks reported Q4 earnings beat and record revenue.
- Earnings per share of $1.06 vs. expectations of $0.97.
- Revenue of $9.38 billion topped forecasts of $9.29 billion.
- Starbucks stock surged on strong earnings results.
- CEO hinted at unveiling a new strategy for the company.