Starbucks (SBUX) first-quarter fiscal 2022 results are likely to reflect robust North America and international sales.
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.
Shares of Dutch Bros (NYSE: BROS) charged sharply higher over the past week, surging as much as 22.3%. The catalyst that sent the coffee chain higher was a report that suggested more Americans were venturing out for their morning cup of joe, and Dutch Bros has been consistently outperforming its largest rivals. Additionally, while customer visits have improved across the board at the leading coffee shops, Dutch Bros experienced the most prominent jump, outperforming Starbucks (NASDAQ: SBUX) and privately held Dunkin' Brands by a wide margin.