SBUX Correlating U.S. Same-Store Sales and Growth in Starbucks Rewards

By Mark Kalinowski Published on December 10, 2019 at 12:00 AM

In theory, accelerating Starbucks Rewards (U.S. loyalty program) active membership should lead to better Starbucks U.S. same-store sales. But does it, or not? In our correlation of these two metrics over the last 16 quarters, we find that there is indeed a positive correlation.

SBUX (Post-Call) +6% U.S. Comps & No Spicy Chicken Sandwich Inconceivable

By Mark Kalinowski Published on October 30, 2019 at 12:00 AM

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.

DPZ (Post-Call) Updates Long-Term SameStore Sales Targets

By Mark Kalinowski Published on October 8, 2019 at 12:00 AM

Earlier today, Domino’s (DPZ; Neutral) reported Q3 EPS of $2.05, a little short of our $2.09 forecast and sell-side consensus of $2.07. Tax rate (21.7% actual vs. our 20.0% projection) accounts for the difference between our EPS estimate and the actual.