Below-Line Items Lower Starbucks (SBUX) Profits in Q3, but Valuation Remains Compelling - RBC Capital
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Starbucks (SBUX) CEO Schultz: Apple Pay is 'Great' for Starbucks - Conf. Call
October 31, 2014 9:54 AM EDTStarbucks Coffee (NASDAQ: SBUX) CEO Howard Schultz said Apple Pay is 'Great' for Starbucks, according to the company's quarterly call.
... MoreStarbucks (SBUX) Outperform Rating Maintained at Wedbush
October 31, 2014 8:49 AM EDTWedbush maintained an Outperform rating on Starbucks (NASDAQ: SBUX) with a price target of $90. Comments follow Q4 results. Analyst Nick Setyan noted FY15 guidance was below expectations, but he thinks comp growth is poised to re-accelerate.
"FQ4 results largely in line as margin expansion offset slight comp deceleration," said Setyan. "EPS of $0.74 was in line with consensus, on SSS growth of 5% in Americas (vs. 6.3% consensus), 5% in EMEA (vs. 3.3% consensus), 5% in CAP (vs.... More
Starbucks Coffee (SBUX) Reports In-Line Q4 EPS
October 30, 2014 4:05 PM EDTStarbucks Coffee (NASDAQ: SBUX) reported Q4 EPS of $0.74, in-line with the analyst estimate of $0.74. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.23 billion. Comp sales increase 5% globally.
Starbucks Coffee sees FY2015 EPS of $3.08-$3.13, versus the consensus of $3.16.
Starbucks performance in fiscal 2014... More

