Starbucks Coffee (SBUX) Reports In-Line Q3 EPS, U.S. Comps Increase 5%
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Starbucks Reports Record Q3 Financial and Operating Results; Company Announces Strategic Actions to Advance Growth Agenda and Increase Returns
July 27, 2017 4:05 PM EDTQ3 Comp Store Sales Up 5% in the U.S. and Americas, 7% in China and 4% Globally
Consolidated Net Revenues Up 8% to Q3 Record $5.7 Billion
GAAP Earnings Per Share Total $0.47; Non-GAAP Earnings Per Share Expand to $0.55
Company to Assume Full Ownership of East China JV and Operate all Stores in Mainland China
SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended July 2, 2017. Fiscal 2017 and fiscal 2016 GAAP results... More
