Starbucks Q1 Earnings Preview: International Business Will Be in Focus
In the fiscal year 2021 (ended Oct. 3), global coffee giant Starbucks (NASDAQ: SBUX) did an excellent job battling through the economic headwinds caused by the pandemic. The company's North American segment is on a more sound footing, so the key for performance in the first quarter and the rest of 2022 will be the international segment. Interestingly, in Starbucks' fourth-quarter report, comparable-store sales increased by 22% from the same quarter the year before in North America.
