Wednesday October 30, 2019, 00:00:00
By Mark Kalinowski
After today’s market close, Starbucks (SBUX; Buy) reported fiscal Q4 adjusted EPS of $0.70, matching our $0.70 forecast and sell-side consensus (according to Consensus Metrix) of $0.70.
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Wednesday September 4, 2019, 00:00:00
By Mark Kalinowski
Earlier today at a competitor conference, Starbucks (SBUX; Buy) made comments regarding the outlook for its tax rate, share-repurchase activity, and its China-related growth that cause us to update our model.
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Thursday July 25, 2019, 00:00:00
By Mark Kalinowski
After Thursday’s market close, Starbucks (SBUX; Buy) reported adjusted fiscal Q3 EPS of $0.78, surpassing our $0.73 forecast and sell-side consensus (according to Consensus Metrix) of $0.72. We attribute the earnings outperformance largely to better-than-expected same-store sales gains in the U.S. and in international markets.
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