Starbucks (SBUX) Blames Disappointing December Results on Gingerbread Lattes

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