Starbucks Reports Record Q3 Fiscal 2018 Revenues and EPS

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Starbucks (SBUX) PT Lowered to $61 at Oppenheimer

July 27, 2018 9:34 AM EDT

Oppenheimer lowered its price target on Starbucks (NASDAQ: SBUX) to $61.00 (from $66.00) while maintaining an Outperform rating.

Analyst Brian Bittner commented, "There were no surprises in the print as management already updated sales trends and EPS guidance at our Consumer Conference in... More

Starbucks (SBUX) PT Lowered to $54 at Cowen

July 27, 2018 8:52 AM EDT

Cowen lowered its price target on Starbucks (NASDAQ: SBUX) to $54.00 (from $61.00) while maintaining a Market Perform rating.

Analyst Andrew Charles commented, "Traffic challenges to U.S. and China comps are both likely to take time to turn around, leaving us Market Perform.... More

Starbucks Corp (SBUX) Tops Q3 EPS by 1c, Comps Increase 1%

July 26, 2018 4:07 PM EDT

Starbucks Corp (NASDAQ: SBUX) reported Q3 EPS of $0.62, $0.01 better than the analyst estimate of $0.61. Revenue for the quarter came in at $6.31 billion versus the consensus estimate of $6.25 billion.

Comparable Store Sales Up 1% Globally and in the... More