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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Starbucks Revenue And Earnings Rise 0 comments
    Jul 25, 2014 10:42 AM | about stocks: SBUX

    Originally published at www.seclive.com

    Filing in Focus: Starbucks 8-K, July 24, 2014

    Starbucks Corporation (NASDAQ:SBUX) announced its third quarter financial results for the 2014 fiscal year, reporting earnings and revenue that increased from a year ago. The world's largest coffee chain reported an 11% increase in revenue to $4.15B, from $3.74B last year. Operating income increased 25% while operating margin improved from 16.5% to 18.5%. Comparable-store sales increased worldwide, with the China and Asia Pacific segment increasing the most to 7%. Net earnings increased from the year-ago $417.8M and $0.55 per share to $512.6M and $0.67 per share. Chairman, President, and CEO Howard Schultz commented that the company showed solid performance leading to record results that will only continue to provide more growth opportunities worldwide.

    (click to enlarge)

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: SBUX
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