div > div.group > p:first-child"> Shares of the company rose 2% in extended trading.
Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: The coffee chain reported fiscal second-quarter net income of $663.2 million, or 53 cents per share, TKTKTK from $660.1 million, or 47 cents per share, a year earlier. Excluding items, Starbucks earned 60 cents per share, topping the 56 cents per share expected by analysts surveyed by Refinitiv.
Net sales rose 5% to $6.31 billion, missing expectations of $6.32 billion. The company reported same-store sales growth of 3%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coca-Cola shares jump 3% after earnings beatCoca-Cola reported earnings before the bell Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »
Lockheed Martin shares jump 4% as earnings beat Wall Street expectationsLockheed Martin delivered first-quarter earnings on Tuesday that were far above what Wall Street anticipated.
Source: CNBC - 🏆 12. / 72 Read more »
Domino's shares jump after earnings beat, shrugging off slowing salesDomino's reported earnings before the bell on Wednesday. another food prep worker NOT wearing gloves...your hands are often dirtier than your ASS ...think about that for a minute!
Source: CNBC - 🏆 12. / 72 Read more »
Microsoft hits $1 trillion market cap for the first time as stock jumps on earnings beatMicrosoft shares jumped to a record and pushed the company past the $1 trillion mark on better-than-expected earnings and revenue. They're doing excellent $131.31 a share to hit $1 Trillion Dollars which in South Africa exchange rate it equals to R14,800 Trillion Randelas.
Source: CNBC - 🏆 12. / 72 Read more »
Here's what to expect when Starbucks reports earningsThe coffee chain recently revamped its loyalty program and launched the Cloud Macchiato.
Source: CNBC - 🏆 12. / 72 Read more »
Facebook jumps after reporting first-quarter earningsFacebook said it took a one-time charge of $3 billion due to an ongoing Federal Trade Commission inquiry. YOU are the product SPONGEBOB FACT: SpongeBob is very happy right now!! He owns a good amount of Facebook shares
Source: CNBC - 🏆 12. / 72 Read more »
Futures pull back ahead of earnings; oil stocks jumpU.S. stock index futures dipped on Monday as investors returned from their Easte...
Source: Reuters - 🏆 2. / 97 Read more »
Market watcher who predicted the December plunge sees tide of gains from earnings beatsNed Davis Research's Ed Clissold sees the market grinding higher as more earnings reports beat analyst estimates.
Source: CNBC - 🏆 12. / 72 Read more »
EBay stock rallies more than 5% on quarterly earnings beat, increased guidanceShares of EBay Inc. rose more than 5% in the extended session Tuesday after the company reported a first-quarter adjusted profit above Wall Street...
Source: MarketWatch - 🏆 3. / 97 Read more »