Starbucks’ 4Q earnings up nearly 30%

Starbucks’ 4Q earnings up nearly 30%

Starbucks Corp. ended the year with fourth-quarter profits up nearly 30 percent, the company said Thursday.

For the quarter ended Oct. 2, Starbucks reported net earnings of $358.5 million, or 47 cents per share, up 29 percent compared with $278.9 million, or 37 cents per share, for the same quarter last year. The previous year included a 14-week quarter and 53-week year.

Total revenue reached a record $3 billion, up 7 percent from the 14-week quarter last year, or up 15 percent

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish