SBUX - Starbucks Q2 Earnings: Revenue Miss EPS Miss Comps Down 4% And More | Benzinga
Starbucks Corp (NASDAQ:SBUX) reported fiscal second-quarter financial results Tuesday after the bell. Here’s a look at the key metrics from the quarter.
Q2 Earnings: Starbucks said second-quarter revenue decreased 2% year-over-year to $8.6 billion, which missed the consensus estimate of $9.129 billion, according to Benzinga Pro. The company reported quarterly earnings of 68 cents per share, which missed analyst estimates of 79 cents per share.
Comparable store sales declined 4% globally, driven by a 6% decline in comparable transactions, partially offset by a 2% increase in average ticket. ...