Starbucks Beats, Ups View
Starbucks Corporation (NASDAQ:SBUX) reported earnings of 40 cents per share for fiscal second quarter 2012, beating the Zacks Consensus Estimate by a penny. Quarterly earnings increased 18% year over year driven by a solid top line, improved efficiencies and cost control. The company also raised its fiscal 2012 outlook due to improving business trends and [...]
Starbucks Corporation (NASDAQ:SBUX) reported earnings of 40 cents per share for fiscal second quarter 2012, beating the Zacks Consensus Estimate by a penny. Quarterly earnings increased 18% year over year driven by a solid top line, improved efficiencies and cost control. The company also raised its fiscal 2012 outlook due to improving business trends and strong first half results.
Revenues and Margins
Total sales for the second quarter increased 15.0% year over year to $3.2 billion, driven by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
