Starbucks U.S. Comparable Sales Climb 7.7% as Shares Rise
Starbucks reported fiscal fourth-quarter non-GAAP EPS of $0.80 versus analysts’ consensus of $0.72, while revenue of $9.14 billion fell short of the $9.22 billion estimate. Shares rose 1.14% in premarket.
Starbucks NASDAQ:SBUX reported fiscal fourth-quarter non-GAAP EPS of $0.80, above the analysts' consensus of $0.72, on revenue of $9.14 billion, below the $9.22 billion estimate. Starbucks shares rose 1.14% in premarket.Revenue fell 4%, primarily because Starbucks converted its China retail operati…