Starbucks: caution is called for.
(CercleFinance.com) - For the second quarter of its financial year, Starbucks reports net profits earned of 691.
6 million dollars, or 47 cents per share, compared to 754 million, representing 51 cents, in the same period in 2016.
On an adjusted basis, its earnings per share (EPS) are established at 55 cents, in line with analysts' expectations.
On its part, revenue has increased less than expected, going up 8.1% to 5.66 billion dollars, compared to a 5.75-billion consensus.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
6 million dollars, or 47 cents per share, compared to 754 million, representing 51 cents, in the same period in 2016.
On an adjusted basis, its earnings per share (EPS) are established at 55 cents, in line with analysts' expectations.
On its part, revenue has increased less than expected, going up 8.1% to 5.66 billion dollars, compared to a 5.75-billion consensus.
Copyright (c) 2017 CercleFinance.com. All rights reserved.