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Starbucks reports EPS miss, revenue beat in Q4 earnings

CNBC · New
CNBC
CNBC
New

Starbucks reports stronger-than-expected revenue in Q4 but falls short on earnings per share, highlighting mixed results for the coffee giant.

Breakdown
  • Starbucks missed Q4 EPS estimates with 52 cents adjusted versus 56 cents expected. 12s
  • Revenue beat expectations at $9.6 billion compared to $9.35 billion estimated. 17s
  • Global comparable sales rose 1%, better than the expected 0.3% decline. 26s
  • North American comparable sales were flat, but U.S. comps turned positive in September. 32s
  • International comparable sales increased 3%, with China up 2%. 46s
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