Starbucks Coffee (SBUX) Tops Q1 EPS by 1c; Issues Light Q2 EPS Outlook

(Updated - January 21, 2016 4:05 PM EST)

Starbucks Coffee (NASDAQ: SBUX) reported Q1 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $5.37 billion versus the consensus estimate of $5.39 billion.

Global comparable store sales increased 8%, including a 4% increase in traffic

• Americas comp store sales increased 9%, including a 4% increase in traffic
• China/Asia Pacific comp store sales increased 5%, driven by a 4% increase in traffic
• EMEA comp store sales increased 1%, driven by a 1% increase in traffic

Guidance:

Sees Q2 EPS of $0.38 to $0.39, versus the consensus of $0.40.

For earnings history and earnings-related data on Starbucks Coffee (SBUX) click here.

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