UPDATE: Starbucks Coffee (SBUX) Reports In-Line Q2 EPS, Comps Increase 6%

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Price: $101.05 +0.90%

EPS Growth %: +30.0%

Financial Fact:
Cost of sales including occupancy costs: 2.25B

Today's EPS Names:
CBRS, MAYS, CRMT, More

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(Updated - April 21, 2016 4:10 PM EDT)

Starbucks Coffee (NASDAQ: SBUX) reported Q2 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.03 billion.

Second Quarter Fiscal 2016 Summary

	Quarter Ended Mar 27, 2016
Comparable Store Sales(1)	Sales Growth		Change in Transactions		Change in Ticket
Consolidated(2)	6	%	2	%	4	%
Americas	7	%	3	%	5	%
CAP(2)	3	%	2	%	2	%
EMEA	1	%	0	%	1	%

(1) Includes only Starbucks company-operated stores open 13 months or longer.

GUIDANCE:

Starbucks Coffee sees Q3 2016 EPS of $0.48-$0.49, versus the consensus of $0.49.

FY16 EPS is seen at $1.88-$1.89 vs the consensus of $1.89 (prior range of $1.87 to $1.89)

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

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