Starbucks Corporation (NASDAQ: SBUX) has reported encouraging earnings results for the fiscal third quarter (ended July 3, 2022) amid rising costs. Following the results, shares of the company rose 1.8% in Tuesday's extended trading session. SBUX's Results in Detail The coffee giant's adjusted earnings declined to 84 cents per share in the third quarter from 99 cents per share a year ago. However, the metric surpassed the analysts’ estimate of 77 cents per share. Revenues for the reported quarter came in at $8.15 billion, up 8.7% year-over-year, in line with analysts' expectations. The metric also includes an adverse foreign currency translation impact of 2%.
https://www.tipranks.com/news/amid-rising-costs-starbucks-posts-encouraging-q3-earnings-results?utm_source=advfn.com&utm_medium=referral
Starbucks (NASDAQ:SBUX)
Historical Stock Chart
Von Sep 2022 bis Okt 2022 Click Here for more Starbucks Charts.
Starbucks (NASDAQ:SBUX)
Historical Stock Chart
Von Okt 2021 bis Okt 2022 Click Here for more Starbucks Charts.