Posted On: 01/22/2016 10:03:53 AM
Post# of 147
Re: smokey1977 #117
Piper Jaffray's Nicole Miller Regan reiterated her Buy status on $SBUX Starbucks Corp. today with a price target of $72.
"Starbucks Starbucks (NASDAQ: SBUX) reported earnings that beat consensus by a penny and shares fell 5% in the aftermarket.
Total revenues increased ~12% to $5.4 billion, based on strong traffic driven same-store sales results globally. Same-store sales in the Americas were +9% (5% ticket/4% traffic), +1% in EMEA (1% traffic), and 5% in CAP (1% ticket/4% traffic). operating earnings increased ~15% to $0.46 per share, a penny ahead of consensus expectations. Fiscal 1Q16 results were driven by global comps of +8% (based on 4% transaction growth). "
http://www.streetinsider.com/Analyst%2BCommen...39136.html
"Starbucks Starbucks (NASDAQ: SBUX) reported earnings that beat consensus by a penny and shares fell 5% in the aftermarket.
Total revenues increased ~12% to $5.4 billion, based on strong traffic driven same-store sales results globally. Same-store sales in the Americas were +9% (5% ticket/4% traffic), +1% in EMEA (1% traffic), and 5% in CAP (1% ticket/4% traffic). operating earnings increased ~15% to $0.46 per share, a penny ahead of consensus expectations. Fiscal 1Q16 results were driven by global comps of +8% (based on 4% transaction growth). "
http://www.streetinsider.com/Analyst%2BCommen...39136.html
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