Upgrade to SI Premium - Free Trial

UPDATE: Starbucks Coffee (SBUX) Reports In-Line Q2 EPS, Comps Increase 6%

April 21, 2016 4:06 PM
(Updated - April 21, 2016 4:10 PM EDT)

Starbucks Coffee (NASDAQ: SBUX) reported Q2 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.03 billion.

Second Quarter Fiscal 2016 Summary

Quarter Ended Mar 27, 2016
Comparable Store Sales(1) Sales Growth Change in Transactions Change in Ticket
Consolidated(2) 6% 2% 4%
Americas 7% 3% 5%
CAP(2) 3% 2% 2%
EMEA 1% 0% 1%

(1) Includes only Starbucks company-operated stores open 13 months or longer.

GUIDANCE:

Starbucks Coffee sees Q3 2016 EPS of $0.48-$0.49, versus the consensus of $0.49.

FY16 EPS is seen at $1.88-$1.89 vs the consensus of $1.89 (prior range of $1.87 to $1.89)

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

Categories

Earnings Guidance Hot Earnings Hot Guidance Retail Sales

Next Articles