Starbucks (SBUX) September Comps Rise 6%
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Price: $99.08 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: -3.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: -3.7%
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Starbucks Corporation (Nasdaq: SBUX) said on comparable store sales basis (stores open for at least 13 months), sales at Company-operated stores increased 6% for the five weeks ended October 1, 2006, compared to the same period ended October 2, 2005. This was above Wall Street expectations.
For the 52 weeks ended October 1, 2006, consolidated net revenues were $7.8 billion, an increase of 22 percent from consolidated net revenues of $6.4 billion for the same period in fiscal 2005.
For the 52 weeks ended October 1, 2006, consolidated net revenues were $7.8 billion, an increase of 22 percent from consolidated net revenues of $6.4 billion for the same period in fiscal 2005.
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