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- Company news: Starbucks (SBUX) quarterly earnings miss analysts’ expectations
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03.02.2023
Company news: Starbucks (SBUX) quarterly earnings miss analysts’ expectations
Starbucks (SBUX) reported Q1 FY2023 earnings of $0.75 per share (versus $0.72 per share in Q1 FY2022), missing analysts’ consensus estimate of $0.77 per share.
The company’s quarterly revenues amounted to $8.713 bln (+8.2% y/y), roughly in line with analysts’ consensus estimate of $8.783 bln.
SBUX fell to $106.86 (-2.10%) in pre-market trading.
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