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Starbucks Coffee (SBUX) Reports In-Line Q4 EPS

October 30, 2014 4:05 PM EDT

Starbucks Coffee (NASDAQ: SBUX) reported Q4 EPS of $0.74, in-line with the analyst estimate of $0.74. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.23 billion. Comp sales increase 5% globally.

Starbucks Coffee sees FY2015 EPS of $3.08-$3.13, versus the consensus of $3.16.

“Starbucks performance in fiscal 2014 was extraordinary by any metric or comparison,” said Howard Schultz, chairman, president and ceo of Starbucks Coffee Company. “But we cannot be content with the status quo, as consumers continue to demand more and more in terms of convenience and excellence. You will see us continue to invest where it counts most, in mobile commerce, innovation, in the customer experience and the partners who drive it and in the quality of our coffees.”

“Starbucks Q4 results capped off a year of exceptional performance across our business and around the world,” said Scott Maw, Starbucks cfo. “In Q4, each of our segments delivered strong and balanced revenue and profit growth, consistent with the prior three quarters of fiscal 2014. The increasing global strength of the Starbucks brand, a robust pipeline of innovation, strong global comparable store sales growth and impressive margin expansion in conjunction with a company-wide emphasis on operational excellence and expense management give me great confidence in achieving our 2015 growth targets.”

For earnings history and earnings-related data on Starbucks Coffee (SBUX) click here.



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