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SBUX Starbucks Corporation

73.94
-0.99 (-1.32%)
Last Updated: 16:03:46
Delayed by 15 minutes
Share Name Share Symbol Market Type
Starbucks Corporation NASDAQ:SBUX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.99 -1.32% 73.94 73.94 73.96 75.51 73.77 75.27 5,732,872 16:03:46

Starbucks Says Foreign Exchange Rates Boosted 3Q Revenue -- Currency Comment

27/07/2021 10:04pm

Dow Jones News


Starbucks (NASDAQ:SBUX)
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By Paulo Trevisani

 

Foreign exchange rates beefed up Starbucks Corp. sales, the company said Tuesday.

The coffee retailer said that net revenues in its International segment grew 75% in the fiscal third quarter, to $1.7 billion, thanks in part to a 10% favorable impact from exchange rates.

The Seattle-based company reported a record $7.5 billion consolidated net revenue in the quarter ended June 27, up 78% from a year earlier.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

July 27, 2021 16:49 ET (20:49 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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