Starbucks Delivers Record Quarterly Revenue of $4.9 Billion and Record Q3 EPS

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Go back to Starbucks Delivers Record Quarterly Revenue of $4.9 Billion and Record Q3 EPS

Starbucks (SBUX) PT Raised to $64 at RBC Capital

July 24, 2015 8:40 AM EDT

RBC Capital analyst David Palmer reiterated an Outperform rating and boosted his price target on Starbucks (NASDAQ: SBUX) to $64.00 (from $60.00) due to higher sales momentum, productivity, and benign costs.

"We believe investments in innovation, technology, and brand development will fuel sales and... More

Wedbush Raises Price Target on Starbucks Coffee (SBUX) to $70 Following 3Q15

July 24, 2015 8:12 AM EDT

Wedbush reiterated an Outperform rating on Starbucks (NASDAQ: SBUX), and raised the price target to $70.00 (from $64.00), following 3Q15. EPS of $0.42 was above $0.41 consensus. Raised FY15 guidance now calls for non-GAAP EPS of $1.57-1.58, up from $1.55-1.57 previously.

Analyst Nick Setyan commented, "Expect continued Americas... More

Starbucks Coffee (SBUX) Tops Q3 EPS by 1c; Updates FY15 adj.-EPS Outlook

July 23, 2015 4:07 PM EDT

Starbucks Coffee (NASDAQ: SBUX) reported Q3 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.86 billion.

Global comparable store sales increased 7%, driven by a 4% increase in... More