Starbucks Coffee (SBUX) Tops Q3 EPS by 1c; Updates FY15 adj.-EPS Outlook

Starbucks Coffee (NASDAQ: SBUX) reported Q3 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.86 billion.

Global comparable store sales increased 7%, driven by a 4% increase in traffic

• Americas comp sales increased 8%, driven by a 4% increase in traffic
• China/Asia Pacific comp sales increased 11%, driven by a 10% increase in traffic
• EMEA comp sales increased 3%, driven by a 2% increase in traffic

Starbucks Coffee sees FY2015 EPS of $1.57-$1.58, versus the consensus of $1.57.

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

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