NetEase Finance Jan. 27 hearing, according to foreign reports, Starbucks has just announced first-quarter earnings, as of 2 January 44% of its profit growth. Starbucks profits this quarter, $ 346,600,000, $ 0.45 a share; a year earlier profit of $ 241,500,000, $ 0.32 a share.
quarter net income rose 8.4% to 29.5 billion U.S. dollars. Quarter gross margin fell from 57.9% to 51%. Total operating expenses increased 3.5%. But the coffee giant reported worse than analysts expected the current quarter profit forecast.
Starbucks expects the current quarter earnings per share will reach 0.32-0.33 dollars, and had accepted Analysts surveyed by Thomson Reuters expected $ 0.35 per share.
(This article Source: NetEase Finance)
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