Starbucks (SBUX) reported 1Q earnings after markets closed Tuesday, Feb. 2, 2022. The company posted EPS of $0.72 on $8.05B in total revenue. RJ Hottovy breaks down the report and says that although Starbucks is facing more cost pressures due to supply chain disruptions and wage pressures, he has an overall positive takeaway from the quarter and sees the company remaining strong over the long-term.
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