Starbucks Coffee (SBUX) Offers Q3 & Q4 Guidance
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Starbucks (SBUX) PT Lowered to $66 at Stifel Following 2Q
April 28, 2017 7:53 AM EDTStifel lowered its price target on Starbucks (NASDAQ: SBUX) to $66.00 (from $67.00) while maintaining a Buy rating. SBUX reported disappointing 2Q global and U.S. comparable store sales growth, each up 3% compared to the consensus of 3.5%-4.0%. EPS of $0.45 was inline with consensus but... More
Starbucks (SBUX) PT Raised to $57 at Credit Suisse Following In-Line 2Q
April 28, 2017 7:06 AM EDTCredit Suisse raised its price target on Starbucks (NASDAQ: SBUX) to $57.00 (from $55.00) while maintaining a Neutral rating. F2Q US same stores sales of +3% came in near the low end of +3-4% expectations. EPS of 45c matched consensus estimates. Adjusted EBIT was $949mm... More
Starbucks Coffee (SBUX) Reports In-Line Q2 EPS, Global Comps Up 3%
April 27, 2017 4:05 PM EDTStarbucks Coffee (NASDAQ: SBUX) reported Q2 EPS of $0.45, in-line with the analyst estimate of $0.45. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $5.41 billion.
Q2 Comp Store Sales Up 3% Globally, Up 3% in U.S. and Up 7% in... More