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.