RBC Capital Reiterates Outperform on Starbucks Coffee (SBUX) After Trimming Estimates
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Starbucks Reports Record Q3 Financial and Operating Results
July 21, 2016 4:04 PM EDTGAAP EPS Up 24% to a Q3 Record $0.51 Per Share; Non-GAAP EPS Up 17% to a Record $0.49 Per Share
Comparable Store Sales Rise 7% in China, 4% in the U.S. and 4% Globally
Revenues Up 7% to Q3 Record $5.2 Billion; Operating Income Up 9% to a Q3 Record $1.0 Billion
Channel Development Revenues Increase 9%; Operating Income Jumps 31%
Starbucks Rewards Active Membership Up 18% YOY; Now Over 12 Million Active Members in the U.S. and Canada
SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX)... More
