Starbucks Corp (SBUX) Tops Q1 EPS by 10c, Comps Increase 4%, Offers FY Guidance

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Starbucks Reports Q1 Fiscal 2019 Results

January 24, 2019 4:05 PM EST

Q1 Consolidated Net Revenues Up 9% to Record $6.6 Billion

Q1 Comparable Store Sales Up 4% Globally Driven by 4% Growth in the U.S.

China Comparable Store Sales Up 1% in Q1 and Total China Stores Up 18% Versus Prior Year

GAAP EPS of $0.61; Non-GAAP EPS of $0.75, Up 15% Year-Over-Year Including Income Tax Favorability

Active Starbucks RewardsTM Membership in the U.S. Increases 14% Year-Over-Year to 16.3 Million

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended... More