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.

SBUX Lowering Estimates as Starbucks Talks Tax Rate Share Repurchases China

By Mark Kalinowski Published on September 4, 2019 at 12:00 AM

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.

SBUX (Post-Call) S’More Traffic Gains Than Expected…Refreshing

By Mark Kalinowski Published on July 25, 2019 at 12:00 AM

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.