Quarterly profit coffee shop chain Starbucks has grown



American coffee chain Starbucks reported net profit in the fourth quarter to 2.25 billion dollars, or up to $ 1.57 per share against $ 752 million or $ 0.51 per share a year earlier.

Adjusted earnings equaled $ 0.65 per share.

Revenue increased to 6.1 billion with 5.7 billion over the same period a year earlier.

Analysts predicted profit of Starbucks in the amount of $ 0.57 per share and revenue of 6.2 billion dollars.

The company said it expects earnings per share from $ 3.32 to $ 3.36 for the 2018 fiscal year, and adjusted earnings will range from $ 2.48 to $ 2.53 for the year.

After the publication of the quarterly reports at the end of trading, shares of Starbucks fell more than 3%.




Quarterly profit coffee shop chain Starbucks has grown 26.01.2018

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