Starbucks (SBUX) Blames Disappointing December Results on Gingerbread Lattes

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Go back to Starbucks (SBUX) Blames Disappointing December Results on Gingerbread Lattes

Starbucks Reports Record Q1 Fiscal 2018 Results

January 25, 2018 4:05 PM EST

Net Revenues Up 6% to a Record $6 Billion; Global and U.S. Comp Store Sales Up 2%

China Net Revenues Up 30%; China Comps Up 6%

Q1 GAAP EPS of $1.57; Non-GAAP EPS of $0.65 Includes $0.07 Benefit from U.S. Tax Law Change

Company Adds 1.4 Million Active Starbucks Rewards Members in the U.S. to 14.2 Million, Up 11% Year-Over-Year

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended December 31, 2017. GAAP results in fiscal 2018 and fiscal... More