Starbucks' Top-line Growth in FY2014 Driven By Higher Pricing & Accelerated Expansion In New Beverage Segments

The Seattle based coffee giant reported its record Q4 net revenue figure of $4.2 billion, up 10% year-over-year (y-o-y). As a result, the company was able to report an 11% y-o-y annual growth in the consolidated net revenues for the whole fiscal year. Starbucks' non-GAAP operating margins in Q4 improved 280 basis points y-o-y to 20.5% and non-GAAP EPS grew 23% to $0.74.