Starbucks Corp (SBUX) Tops Q1 EPS by 10c, Comps Increase 4%, Offers FY Guidance

Starbucks Corp (NASDAQ: SBUX) reported Q1 EPS of $0.75, $0.10 better than the analyst estimate of $0.65. Revenue for the quarter came in at $6.6 billion versus the consensus estimate of $6.49 billion.

Q1 Comparable Store Sales Up 4% Globally Driven by 4% Growth in the U.S.

GUIDANCE:

Starbucks Corp sees FY2019 EPS of $2.68-$2.73, versus the consensus of $2.65.

• Consolidated GAAP revenue growth of 5% to 7%

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

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