SEATTLE (TNS) — Starbucks touted a turnaround" at the company after reporting a rise in revenue — tempered by a major fall in profit — in its latest quarterly earnings released Wednesday.

In the fourth quarter, the Seattle-based coffee giant raked in $9.6 billion in consolidated net revenues, which beat analyst predictions. It's a 5.5% increase from the same quarter a year ago. kAmQ(6’C6 2 J62C :?E@ @FC ‘q24< E@ $E2C3F4<D’ DEC2E68J[ 2?5 :E’D 4=62C E92E @FC EFC?2C@F?5 :D E2<:?8 9@=5[” rt~ qC:2? }:44@= D2:5 (65?6D52J :? 2 DE2E6>6?E] w6 E@@< E96 4@>A2?JVD C6:?D :? $6AE6>36C a_ac]k^Am kAmqFE $E2C3F4<DV AC@7:E E@@< 2 3=@H E9:D BF2CE6C[ A=F?8:?8 gdT 7C@> E96 D2>6 BF2CE6C 2 J62C 28@ E@ S`bb >:==:@?] $@>6 @7 E92E H2D 5F6 E@ }:44@=VD S` 3:==:@? C6DECF4EFC:?8 A=2? 2??@F?465 =2DE >@?E9 — 2?5 :EVD

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