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Starbucks (SBUX) PT Raised to $126 at Guggenheim

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Starbucks Reports Record Q3 Fiscal 2021 Results

July 27, 2021 4:05 PM EDT

Q3 Consolidated Net Revenues Up 78% to a Record $7.5 Billion
Q3 Comparable Store Sales Up 73% Globally; U.S. Up 83% with 10% Two-Year Growth
Q3 GAAP EPS $0.97; Record Non-GAAP EPS of $1.01 Driven by Strong U.S. Performance
China Surpasses 5,000 Stores, Pushing Global Store Count to Record 33,295
Active Starbucks® Rewards Membership in the U.S. Up 48% Year-Over-Year to 24.2 Million
Raising Full-Year Fiscal 2021 Margin and Earnings Per Share Guidance

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 27, 2021.... More