Starbucks misses by $0.03, misses on revs, comps of +5% globally
- Reports Q1 (Dec) earnings of $0.90 per share, excluding non-recurring items, $0.03 worse than the FactSet Consensus of $0.93; revenues rose 8.2% year/year to $9.43 bln vs the $9.6 bln FactSet Consensus.
- Comps up +5% globally, +5% in North America, +7% in International.
- North America and U.S. comparable store sales increased 5%, driven by a 4% increase in average ticket and 1% increase in comparable transactions.
- International comparable store sales increased 7%, driven by a 11% increase in comparable transactions and 3% decline in average ticket; China comparable store sales increased 10%, driven by a 21% increase in comparable transactions and 9% decline in average ticket.
- North America and U.S. comparable store sales increased 5%, driven by a 4% increase in average ticket and 1% increase in comparable transactions.
- Q1 active U.S. Starbucks Rewards Membership reaches 34.3 Million, up 13% yr/yr.
- Comps up +5% globally, +5% in North America, +7% in International.
No comments:
Post a Comment