Starbucks' Earnings Preview: High Coffee Prices Coupled with Lower Input Costs to Widen Margins

With coffee prices skyrocketing over the past six months, the strategy of hedging coffee prices for longer duration has given the coffee giant an edge over its competitors. In addition to this, the company's plan of venturing into new markets, investing in innovative drive-through formats and expanding its network will help boost its top line performance and pave the path for its growth in the future.