Starbucks Delivers Record Quarterly Revenue of $4.9 Billion and Record Q3 EPS
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Starbucks (SBUX) PT Raised to $64 at RBC Capital
July 24, 2015 8:40 AM EDTRBC Capital analyst David Palmer reiterated an Outperform rating and boosted his price target on Starbucks (NASDAQ: SBUX) to $64.00 (from $60.00) due to higher sales momentum, productivity, and benign costs.
"We believe investments in innovation, technology, and brand development will fuel sales and... More
Wedbush Raises Price Target on Starbucks Coffee (SBUX) to $70 Following 3Q15
July 24, 2015 8:12 AM EDTWedbush reiterated an Outperform rating on Starbucks (NASDAQ: SBUX), and raised the price target to $70.00 (from $64.00), following 3Q15. EPS of $0.42 was above $0.41 consensus. Raised FY15 guidance now calls for non-GAAP EPS of $1.57-1.58, up from $1.55-1.57 previously.
Analyst Nick Setyan commented, "Expect continued Americas... More
Starbucks Coffee (SBUX) Tops Q3 EPS by 1c; Updates FY15 adj.-EPS Outlook
July 23, 2015 4:07 PM EDTStarbucks 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... More
