So, yes. Instagram’s favorite accessory is out with its fourth quarter earnings results.

I’ve compiled a quick and easy infographic on the same; you can find it here.

Meanwhile, I’ll post some excerpts from it.

Starbucks FULL INFOGRAPHIC AT: http://alph.st/b8f4b347

With total net revenues slipping as little as 0.2% to $5.70 billion in 4Q17, the international coffee chain posted similar results to last year with diluted EPS flat at $0.54. Net attributable earnings were down 1.6% to $788.5MM in the quarter. Adjusted earnings were up 10% to $0.55 per diluted share.

Starbucks FULL INFOGRAPHIC AT: http://alph.st/b8f4b347

While Starbucks was at it, Unilever inked a deal with the maker of Unicorn Frappuccino (I’m just making these coffee names as I go) to buy the TAZO brand and assets for $384 million.

While all this points at the changing dynamics at Starbucks, let us not lose sight of the most important thing.

Starbucks FULL INFOGRAPHIC AT: http://alph.st/b8f4b347

That’s right. This quarter, Starbucks opened 87 less stores than it did a year ago. The total stores obviously have increased, but this deceleration in growth is still worrisome.

Anyway, that’s the quick update on Starbucks on this earnings day.

— Nitin